ETH.D is in a key area, breaking above would cause an alt party, at the same time BTC.D is falling, so it's most likely for ETH to break above.
personally, I believe we will start an alt party in 2 days, maybe less.
personally, I believe we will start an alt party in 2 days, maybe less.
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the chart above is for BTC.D
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dynamic resistance just broke in 4H so far we need a retest then an alt party surely confirmed ,
its just an idea , no financial advice
its just an idea , no financial advice
Comment:
ETH.D breaking resistance one by one, but at some point definitely needs a retracement for gathering momentum,
1-rsi overbought line could be one of the reversal reasons
2-pull back to fibo 68
3- reaching 3rd target
4-reaching 4th target or fibo 100
each one of the items above could act as a reason fr candles to change the direction and make a retracement.
1-rsi overbought line could be one of the reversal reasons
2-pull back to fibo 68
3- reaching 3rd target
4-reaching 4th target or fibo 100
each one of the items above could act as a reason fr candles to change the direction and make a retracement.
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there is also a possibility to retest the fibo 50%