✴️ Ethereum Consolidating Bullish | Short-Term Signals

2 ביולי 2023

Ethereum can be seen as bullish/good/strong, it has been consolidating above all the moving averages; EMA10, EMA50, EMA200, EMA300, MA200, etc.

On the 30th of June, ETHUSD printed the highest close since May; the RSI now being strong.

The red candles are very telling, very small.
See yesterday's candle and today's candle, they are almost invisible... No sellers around.

With higher lows as shown by the ascending channel, growth can resume anytime. It can be days or weeks... While Bitcoin and Ethereum consolidate, the other Altcoins are hitting new highs and moving forward, the calm before the storm.

Namaste.