I had been slowly accumulating BTC into ETH while it remained in the yellow accumulation zone.
ETH/BTC has now broken above 200 SMA.
Bullish divergence on 21Dec'23, and have broken into the positive finally as well, since plunging below into the negative from 16Jun'23.
Ichimoku Cloud looking to turn bullish on the daily as well.
ETH/BTC has now broken above 200 SMA.
Bullish divergence on 21Dec'23, and have broken into the positive finally as well, since plunging below into the negative from 16Jun'23.
Ichimoku Cloud looking to turn bullish on the daily as well.
Note
Note: "Bullish divergence on 21Dec'23..." was referring to the FG{50/15} oscillator.Note
Back into the accumulation zone, but appears to be supported by the green 50 SMA.Note: Thick orange line is the 200 SMA.
DCAing bit more into ETH now from BTC.
Note
ETH is now below the 50 SMA. Have accumulated enough ETH in the yellow zone, and will hence only resume accumulation if ETH falls into the orange accumulation zone.
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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.