ETHBTC is consolidating right now on neutral 1D technicals (RSI = 55.810, MACD = 0.001, ADX = 53.149) supported by the HL trendline. A bounce on the 1D MA50 would be ideal for a new buy, but if it breaks the trend turns bearish. Until it does, we are bullish, targeting the 0.9 Fibonacci (TP = 0.07200) as it happend on January 2023. But of those where the bullish waves inside a long term Channel Down.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
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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.