ETH Still Bullish
ETH been surprisng lately. I expected a correction to at least the 50 day (700 - 800k) however, it clearly now has more room to run as the MACD has changed to bullish and the price action is well above the Bullish Kumo Cloud. However, I would be cautious with how much ETH could keep going up as it looks as if it is about to be overbought. Nonetheless, I'm currently bullish on ETH in the short term.
Join my Discord channel for more objective TA with a great community (no strings attached, simply trying to help the crypto space.) : discord.gg/696V552
Join my Discord channel for more objective TA with a great community (no strings attached, simply trying to help the crypto space.) : discord.gg/696V552
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.