RSI is still bullish! I'm thinking it will consolidate for a little bit, and visit a few support levels first, then breakout. If it breaks down expect the trend line.
Here's what it looks like against BTC:
Cheers and GLWT! -Erik
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Breakout?
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We broke down hard vs BTC... Money indicator is showing bullish life tho...rebound soon?
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OK. It looks like we've bottomed in the BTC chart. Let's get ready for an impulse wave back to the 0.618 where there will be megaphone resistance in the BTC chart.
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I think we can aim higher now.
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We did hit megaphone resistance! It will likely consolidate here before choosing a direction. Meanwhile, the USD chart will benefit or suffer from BTCUSD price action.
Trade closed: target reached
MIN TP! Cheers.
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Looking to cash out into BTC around here.
Trade closed: target reached
MID TP!!! It hit our target area in the BTC chart. I think we need to consolidate for now.
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