Ethereum Also Wants To Grow | Follows Bitcoin

4 בדצמ׳ 2019

Ethereum (ETHUSD) printed the Adam & Eve bottom pattern formation to signal that a low was set on the 25-Nov.

After some consolidation, we can see that a potentially strong bullish move is starting to take form... What we are going to be looking at are early signals.

• We can see volume slowly increasing and now going above-average.
  
• We can see the RSI moving pass 50 to go from neutral to bullish.
  
• EMA10 is looking lower, EMA50 (yellow) is starting to break.
  
• EMA100 (purple) goes next.
  

The bold blue dashed line is for support. If ETHUSD moves lower and closes below this level, the above signals become invalid.

Any trading above EMA10 ($147.25) tells us that Ethereum (ETHUSD) remains bullish.

Let me know if you have any questions in the comments section below.

Namaste.

Here is for Bitcoin (BTCUSD) which moves first...

And here some results (Perfect hit)... BKXBTC