High risk trade I would take there for a nice short bounce up to 93.5
Clear divergence on 15 min rsi with last one within zone, so expecting a short correction
daily support held nicely, expecting good bounce from here in mid term
Clear divergence here followed by trend continuation, high leverege
We're likely retesting 20,000 from here, followed by potentially a huge dump.
We're likely nearing the bottom of this cycle (my guesstimate is 26-28k) before the next leg up. Good time to DCA for the longer term.
I think we'll correct to 0.5-0.6 fib retracement area, followed by new ATH by Dec 2021. This pattern is consistent with bull runs so far before we enter into the final manic leg of this cycle's bullrun.
FIL has been accumulating for over 170 days. It might run to 260 (2.61 Fib weekly extension) this bull run. Let's see how this plays out.
I'm medium term bullish on ETH, but think that a short-term retest of ~3200 (.5 to 0.618 retracement area) is likely before we advance further.
BTCUSD has been trading in a symmetrical triangle over the last ten days, printing lower highs and higher lows. This signals indecision in the market while the latest big correction is being digested. Any big news could tip us either way, whilst bouncing within the triangle still offers good swing/intraday opportunities. A break to the downside will likely lead...
ETH has been trading nicely within a well-fitting Lin Reg rising channel. Price will likely spend some more time in the red band over the next week with a break likely towards end of month. It may break up or down sooner, but I don't yet see a major trend change on the daily.
In the short term I see a likelier breakout to the upside of the developing VA (to cca 1920). I'm mindful of the down-sloping volume profile though, so there a (less) likely break to the downside as well. Let's see how this plays out. Not advice.