Ethereum ETHBTC - Signs of reversal / Bullish Divergence
A few ideas about ETH.
There's a bullish divergence on the Stochastic RSI
Sort of hit a double bottom, but it's a little bit of a weak theory since the first bottom was just a momentary spike down.
Potential Inverse Head & Shoulders. On shorter timeframes you can see an Elliott Wave on its way to it's third peak - I can see that peak making a neckline for the Inv H&S if it plays out that way.
There's a bullish divergence on the Stochastic RSI
Sort of hit a double bottom, but it's a little bit of a weak theory since the first bottom was just a momentary spike down.
Potential Inverse Head & Shoulders. On shorter timeframes you can see an Elliott Wave on its way to it's third peak - I can see that peak making a neckline for the Inv H&S if it plays out that way.
הערה
The Elliott Wave idea didn't quite play out, however I'm still seeing signs of reversal and it's still looking like a rounding bottom.There's now a Hidden Bullish Divergence as well:
הערה
On the edge of my seat, will it go back up:הערה
ETH holding up amazingly well considering what everything else is doing. Still basically staying between the neck and shoulder lines. Could change with a big bitcoin move though so everything is pretty risky right now.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.