This is not financial advice - just check my past posts to see how accurate they are.
Will there be one final and unstable push to the upside that ends in a blow off top and ends this current cycle?
My Observations on the ETHUSD Weekly Chart
+ The price is currently ranging in a very similar ascending triangle to the one in 2017.
+ The general structure of the market and shape of the RSI is also similar.
+ The BBW has only been this low at two other times in the last 5 years so we should expect a big movement in the next few weeks.
I try not to be bearish or bullish, just note what I see. Any crazy predictions or anything you see in the chart, shoot in the comments down below.
Thank you for reading and season's greetings to you all.
Will there be one final and unstable push to the upside that ends in a blow off top and ends this current cycle?
My Observations on the ETHUSD Weekly Chart
+ The price is currently ranging in a very similar ascending triangle to the one in 2017.
+ The general structure of the market and shape of the RSI is also similar.
+ The BBW has only been this low at two other times in the last 5 years so we should expect a big movement in the next few weeks.
I try not to be bearish or bullish, just note what I see. Any crazy predictions or anything you see in the chart, shoot in the comments down below.
Thank you for reading and season's greetings to you all.