EthereumUpdated ETHUSD - 1D - RSI breakout...
Not a financial advisor.
Just like BTCUSD RSI breakout from the linked post .... ETHUSD is about to do the same...
ETHUSD's RSI might breakout and retest the trendline before price action breaks ATH.
No further comments.
Just like BTCUSD RSI breakout from the linked post .... ETHUSD is about to do the same...
ETHUSD's RSI might breakout and retest the trendline before price action breaks ATH.
No further comments.
Note
Price action might actually repeat Nov-Dec timeframe on the chart below:Note
Note
Keep an eye on your daily close as it may change the whole idea from a bullish into bearish price action. Look at the price action impact on the RSI.
Currently looks as acting as a resistance.
Note
ETHUSD seems to have some difficulty to break ATH...Therefore in case you are long, do be very careful with supports indicated by the arrows:
Note
Note
RSI breakout confirmed into ATH breakout.Still expecting some resistance here...
but very possible a blue sky breakout incoming??
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