After some consolidation, we can see that a potentially strong move is starting to take form... What we are going to be looking at are early signals.
- We can see slowly increasing and now going above-average.
- We can see the moving pass 50 to go from neutral to .
- EMA10 is looking lower, EMA50 (yellow) is starting to break.
- EMA100 (purple) goes next.
The bold blue dashed line is for support. If ETHUSD moves lower and closes below this level, the above signals become invalid.
Any trading above EMA10 ($147.25) tells us that Ethereum ( ETHUSD ) remains .
Let me know if you have any questions in the comments section below.
Here is for Bitcoin ( BTCUSD ) which moves first...
And here some results (Perfect hit)... BKXBTC