ETHOS Long
It seems like we are respecting a Falling Wedge (Bullish continuation signal)
At the end of the wedge we can expect to go up 14 satoshis.
I guess it depends where we will break out of our wedge... But we can definitely expect that soon...
Now there are 2 divergences on BQX that also back this up :
One That is a Bullish Hidden Divergence that is yet to materialize that should have brought us to .000534 and for some reasons didn't play out... Weird as that divergence was STRONG... But maybe External Factor played a role here...
A Second Bullish Divergence (reversal Type) that should bring us back to .00043 that gets longer and longer but also stronger and stronger..
It seems in a lot of ways that BQX is CLEARLY under valued right now......
We can only expect good from that.
If falling wedge happens soon, it should bring us in a zone from .00048 to .00052 ( I would bet on even more...)
At the end of the wedge we can expect to go up 14 satoshis.
I guess it depends where we will break out of our wedge... But we can definitely expect that soon...
Now there are 2 divergences on BQX that also back this up :
One That is a Bullish Hidden Divergence that is yet to materialize that should have brought us to .000534 and for some reasons didn't play out... Weird as that divergence was STRONG... But maybe External Factor played a role here...
A Second Bullish Divergence (reversal Type) that should bring us back to .00043 that gets longer and longer but also stronger and stronger..
It seems in a lot of ways that BQX is CLEARLY under valued right now......
We can only expect good from that.
If falling wedge happens soon, it should bring us in a zone from .00048 to .00052 ( I would bet on even more...)
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