Eyes on ETH Weekly Chart
Thank God for eyes to see.
Last year around this time ETH price was gently falling in a downward parallel channel and then in that channel it made a double bottom and broke out that channel and through the 50 EMA and made some significant gains.
This year we may have a similar setup but this time a symmetrical triangle. The RSI and SRISI and MACD levels look promising. Let's hope for a bullish break out of the weekly asymmetrical triangle.
Last year around this time ETH price was gently falling in a downward parallel channel and then in that channel it made a double bottom and broke out that channel and through the 50 EMA and made some significant gains.
This year we may have a similar setup but this time a symmetrical triangle. The RSI and SRISI and MACD levels look promising. Let's hope for a bullish break out of the weekly asymmetrical triangle.
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