This marked a nice bottom. It crossed over several times the following 6 weeks before finally staying green for the whole bull market of 2019.
Fast forward to November 1 where we have a first crossover. It could potentially crossover a few times over the next couple weeks before continuing green, following a similar pattern to the bottom at the beginning of the year. This looks a bit different though and I figure it more likely won't do the multiple crossover and instead with one or maybe a second crossover before making some larger move to the positive.
Fun side note: ETH/USDT topped out it's ATH on Jan. 12, 2018
Fast forward to November 1 where we have a first crossover. It could potentially crossover a few times over the next couple weeks before continuing green, following a similar pattern to the bottom at the beginning of the year. This looks a bit different though and I figure it more likely won't do the multiple crossover and instead with one or maybe a second crossover before making some larger move to the positive.
Fun side note: ETH/USDT topped out it's ATH on Jan. 12, 2018
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.