ETHBTC Daily. Price at 0.02574 seems to be bullish. momentum will favor after taking a small dip around 0.02156 then a little push up to 0.02826. As we can see already bearish structure been broken and took support at first leaner resistance converted into strong support.
Reason: 1. Price entered into a new bullish phase breaking bearish structure. 2. There's a hidden parabolic in momentum shown with three lines. 3. Rsi making higher high. there's a bullish divergence in it.
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.