(First Published Analysis, please critique!)
RSI (and MFI) divergences from new highs, third rally to form right shoulder may open up a window for a nice correction.
Long term view on ETH is bullish, but a good buying opportunity should present itself after this week.
Have learnt much from the community here, thank you all for contributing!
RSI (and MFI) divergences from new highs, third rally to form right shoulder may open up a window for a nice correction.
Long term view on ETH is bullish, but a good buying opportunity should present itself after this week.
Have learnt much from the community here, thank you all for contributing!
Comment:
Trends confirmed, but please do not blame it on Elon or whatsoever! It was due. The heavier dip we saw on the 19th was likely from derivatives trading and margin-call actions. Nonetheless I think we'll retest the low