Ethereum vs Bitcoin Bullish Bias Wins!
This is a nice chart, completely different to all other altcoins... Let's dive in.
Ethereum vs Bitcoin (ETHBTC) managed to move and close above MA200 (conquered) back in July 2022, at this point the bulls gain control of the chart.
From September through October MA200 is tested as support and holds.
Really high volume shows up late October to confirm this level as being conquered.
Then again in mid and late November MA200/EMA300 are tested again and holds... Many tests, the bulls are ready!
Now we see prices moving above EMA10.
Bullish indicators... Time to grow!
Very simple.
The bias/pontetial is up.
Namaste.
Ethereum vs Bitcoin (ETHBTC) managed to move and close above MA200 (conquered) back in July 2022, at this point the bulls gain control of the chart.
From September through October MA200 is tested as support and holds.
Really high volume shows up late October to confirm this level as being conquered.
Then again in mid and late November MA200/EMA300 are tested again and holds... Many tests, the bulls are ready!
Now we see prices moving above EMA10.
Bullish indicators... Time to grow!
- ETHBTC stays bullish above MA200/EMA300.
- ETHBTC goes bearish below these levels.
Very simple.
The bias/pontetial is up.
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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.