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Ethereum (ETHBTC) is giving a strong signal on the weekly timeframe (left chart). With a strong close today/this week, the "Three White Solders" candlestick pattern would have been completed, signaling upcoming bullish action for ETHBTC.
As we know from our LTCBTC chart and ADABTC, the major altcoins are starting to wake up.
Let's take a look at some of the other bullish signals coming out of the weekly ETHBTC chart:
MACD Bullish crossover.
Strong break above EMA10 supported by volume and additional bullish candles.
Extremely bullish RSI.
Significant increase in green volume.
Ethereum (ETHBTC) Targets by Alan Masters
This is where ETHBTC will find resistance on the way up, we use these price levels to sell for profits; we call them "targets".
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