ETH Long on daily to $22,800 (KC top) if BTC can break the 15 EMA resistance of $21,150 by the end of the week. Possible short-term price decline before testing $21,150 (daily 15 EMA). If a short-term price drop goes below $19,000, then long is invalidated. Technicals below.
Technicals -
BTC daily MACD showing upward momentum
BTC daily Stoch showing upward momentum with blue nearly finished with being oversold.
BTC daily open interest is still declining (bullish)
BTC daily BB%B showing upward momentum
BTC daily funding is catching up to price (bearish)
BTC daily candle is showing a possible price drop tomorrow before long
Enjoy!
Technicals -
BTC daily MACD showing upward momentum
BTC daily Stoch showing upward momentum with blue nearly finished with being oversold.
BTC daily open interest is still declining (bullish)
BTC daily BB%B showing upward momentum
BTC daily funding is catching up to price (bearish)
BTC daily candle is showing a possible price drop tomorrow before long
Enjoy!
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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.
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.