What's gonna happen to ETH daily?ichimoku showing close to bullish...pink lagging indicator needs to barely rise above price, so flat to moderate up will bring it there. Blue Tenkansen is amidst price and cloud but after a day it should be above the cloud. Only problem is brown Kijun sen is below cloud and below price, but a little bullishness will easily bring it above cloud, upon which we have nice bullish setup using ichimoku indicator?
resistance will break with enough volume...it volume comes from btc to alts then eth would benefit and break resistance
once some solid movement above 400, things should go bull until $500, yes? ($CAD)
oh... this is my first time trying tradingview
ETHCAD trade ideas
don't panic!A healthy retreat before the mayhem errupts, don't forget china is on the horizon with one of its major platforms to release ETH, that will drive big volumes! now, to the technicals, a slight retreat to the ~265 before the next runup, the RSI looks healthy enough to retreat for 50%. the stars align for Wednesday's breakout right at the cross of major support from previous troughs.
Breakout in sightWith the news that China soon to start trading #ETH as of beginning of July 1st it's no surprise that the stars start to align, looking a the technicals; the support line crosses with resistance ~ wed. which should be a great fuel for next breakout. We just need that RSI to come down below %50 for extra assurance and volumes would start rolling in real quick!
Classic Cup and Handle Looks like correction turned to upside after a classic cup and handle, another indicator that we may be approaching another rally; confirmed by positive momentum on MACD and RSI is above 50%. Another big indicator is the crossing of the 52 day SMA, we should see a little bounce around the SMA before a potential breakout.