#ETH looked like it wanted to pump & our bias showed on the last post .
ETH is currently BREAKING the downtrend and LOOK AT THAT VOLUME!!!!!!!!!!!!!!!!!!
THIS IS IMPORTANT!
If this keeps up this is a GREAT indicator forETH and #altcoins.
While there is a nice amount of SHORT COVERING this is MOSTLY BUYING!
#BTC is also having the short covering but it's MOSTLY BUY volume.
However, #bitcoin is trying to end the bear by an inverse head & shoulder pattern & the neckline is RESISTANCE.
It breaks & it'll get it's own post.
ETH is currently BREAKING the downtrend and LOOK AT THAT VOLUME!!!!!!!!!!!!!!!!!!THIS IS IMPORTANT!
If this keeps up this is a GREAT indicator for
ETH and #altcoins.While there is a nice amount of SHORT COVERING this is MOSTLY BUYING!
#BTC is also having the short covering but it's MOSTLY BUY volume.
However, #bitcoin is trying to end the bear by an inverse head & shoulder pattern & the neckline is RESISTANCE.
It breaks & it'll get it's own post.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.