This is the only Ethereum chart that matters
We have Inverse Head & Shoulder and descending trend line.
Entry level: break above trendline
Take profit 1: Red line
Take profit 2: 0.085
Support 1 -> 0.173 USD
Support 2 -> 0.1 , will happen if some major exchanges delist or suspend xrp trading, or if bitcoins starts the correction.
We also have a divergence, higher lows in the RSI indicator and lower lows on the charts. This kind of indication is a strong one.
BTC dominance break out from the support zone. One more resistance(descending trendline) to break before the real BTC season starts.
The BTC.D will keep moving until 80% (The colored rectangel) have been reached, after that comes the ALT season.
Follow the trendlines . We got a strong supportline, it has been valid from 2017 and the price has several times touched the trendline and bounced.
The resistanceline is also confirmed as a strong resistanceline , the third time price touched the resistanceline confirms that its a strong resistanceline.
The trendlines forms a ascending triangle that ends around...
Just like Before, BTCUSD will hit the oversold area in the RSI indicator for the second time. It will happen Before we are going to a accumulation phase. I have draw the trendlines as you can see and the most possible scenario is that BTC will make a lower low to 2600-2000 USD area around 16 April(Green rectangel area). The area is where all the trendlines meet ,...
As you see, I have marked the second biggest peak volume by two green horisontal lines. The date of the chart is from the beginning of the latest bullrun(red vertical line) to the end of the bullrun . During this time between the price of 1900-2600 USD most seller and buyers were traded BTCUSD to either moving the price up or down. Meaning that the pointed area is...
