ETH is replicating what BTC did
Aktualisiert
If you follow me long enough, you know that I'm super bullish on ETH. Despite of the recent choppy consolidation which surely shakes out weak hands, I still believe that this is necessary for a healthy upcoming bull run.
Besides, on-chain analysis consistently shows that ETH is flowing faster and faster out of exchanges into cold wallets, which decreases supply and therefore super bullish.
On the chart perspective, as you can see, ETH is replicating what BTC did around its old ATH. Even RSI and volume pattern look the same. ETH is only around 50% of it's ATH on BTC pair. From this point of view, a clear break out of 1440 levels and close above that would signal a best entry for the fly.
Note: if you like this content, don't forget to give it a like and follow me for upcoming analysis
Besides, on-chain analysis consistently shows that ETH is flowing faster and faster out of exchanges into cold wallets, which decreases supply and therefore super bullish.
On the chart perspective, as you can see, ETH is replicating what BTC did around its old ATH. Even RSI and volume pattern look the same. ETH is only around 50% of it's ATH on BTC pair. From this point of view, a clear break out of 1440 levels and close above that would signal a best entry for the fly.
Note: if you like this content, don't forget to give it a like and follow me for upcoming analysis
Trade ist aktiv
It's just only 24H after my idea published. Congrats to every one that have caught the train. Now sky is the limit, it will do what BTC did.
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