Eth/Btc is showing some signs of a reversal. First, price is landing into some longer term support. The next sign I caught was a weekly bull div on the RSI. Waiting for the Stoch to crossover which it just did on the last weekly close gave it more confirmation. Sentiment is so bad right now and could mean all the sellers already sold out or close to it.
Looking at higher time frames there is hidden bull div on the monthly. The monthly candle needs to close for the confirmation of the stoch crossover. All these clues seem to be the probability of a reversal may happen soon.
Looking at higher time frames there is hidden bull div on the monthly. The monthly candle needs to close for the confirmation of the stoch crossover. All these clues seem to be the probability of a reversal may happen soon.
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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.