ETH - breaking out from 6 months long consolidation
ETH showing some strength and breaking out from long consolidation.
If/when 0.618 Fib. level is turned into support 0.105 level (weekly close) is next region to watch for.
RSI also breakout trendline to the upside, overall Ethereum sentiment is good.
This graph appears to follow the view that Ethereum will replace Bitcoin as No.1. Let’s wait a few more months to see how it goes.
If/when 0.618 Fib. level is turned into support 0.105 level (weekly close) is next region to watch for.
RSI also breakout trendline to the upside, overall Ethereum sentiment is good.
This graph appears to follow the view that Ethereum will replace Bitcoin as No.1. Let’s wait a few more months to see how it goes.
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