So far ETH is following the exact same pattern BTC has followed after Breaking its ATH (All Time High), If the price action continues to follow BTC path, we have a decent chance of pushing to 2K after Breaking out of the TR (Trading Range).
More often than not, the SPRING shows a Bear Trap, which pushes the price up when they run for cover.
Here is a clear snapshot of the idea:
Also Watch for RSI Breakout of its Downtrend as an indication before the actual price action Breakout.
Cheers :D
More often than not, the SPRING shows a Bear Trap, which pushes the price up when they run for cover.
Here is a clear snapshot of the idea:
Also Watch for RSI Breakout of its Downtrend as an indication before the actual price action Breakout.
Cheers :D
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