Ethereum #ETH Weekly - Is $10K possible?
From past history, when Ethereum goes into oversold territory RSI at 70+ on the weekly chart, the price seems to show a nice pump. See the chart to understand more.
There are a few issues to consider as well:
1) We are potentially forming bearish divergence
2) Almost 6 weeks of upside weekly candles
3) If BTC has a correction, ETH will follow
Lastly, I drew a few fib levels to watch if a pump occurs, where would we be able to get to. With just about 120% gain from current price levels, we could be seeing almost a 10K ETH.
This is all exciting but we do have a few hurdles ahead.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
There are a few issues to consider as well:
1) We are potentially forming bearish divergence
2) Almost 6 weeks of upside weekly candles
3) If BTC has a correction, ETH will follow
Lastly, I drew a few fib levels to watch if a pump occurs, where would we be able to get to. With just about 120% gain from current price levels, we could be seeing almost a 10K ETH.
This is all exciting but we do have a few hurdles ahead.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
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.