nattain

ETH gaining lost ground against BTC

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nattain Uppdaterad   
BITFINEX:ETHBTC   Ethereum / Bitcoin
Friends,

As you'd agree that all key indicators have been pointing that Ethereum is gaining lost grounds against BTC since Sept 2019.

Right now, the RSI, MACD is showing uptrend for a while. Current price trend for the last few weeks are looking good.

For immediate, you can also see a hammer formation currently occuring after few weeks of strong green candles. It is looking good.

Chart: weekly.

Just my opinion. Pls comment what you think.

I am not an expert but I am trying to learn TA and share things that I find interesting. I rely on my common sense approach until I master the art the TA.
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Cheers,
nattain
Order avbruten:
Trade invalidated as it broke the recent trend line. I will wait for reversal and confirmration before entering.
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