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Ethereum
Long

Bullish divergence in ETHBTC 📉📈❓

282
🔍Here we are looking at the price indexed to 100.

🟢We have a descending rising wedge, with a bullish divergence: price falling, with the SMI (Stochastic Momentum Index) of the PVT (Price Volume Trend) rising.

🔴Could price revisit the 0.5 Fibo retracement in the final breather?
It could, but I think it's unlikely.
In any case, I traced this possibility using the white line.

🟢Furthermore, we have other divergences, if we consider the TOTALDEFI index:
snapshot
andre_007
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Also on:
DivergencedivergencesETHBTCEthereum (Cryptocurrency)Fibonacci RetracementOscillatorspvtSMITOTALDEFIVolumeWedge

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.
DivergencedivergencesETHBTCEthereum (Cryptocurrency)Fibonacci RetracementOscillatorspvtSMITOTALDEFIVolumeWedge
andre_007
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
Also on:

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.