Looking at ETH pairing, we can see from previous cycles how ETH had some bullish divergences on the 12 HRLY or Daily. Looking at this chart, we see the fib levels, macro pennant or triangle formation, support and resistance levels all coming together to tell you the story.
Depending on what indicator you use and what's happening with other ALTs, ETH is another coin I'm looking at going long, this time round. This macro chart is a subset of the other post I made on ETH pairing with the inverse H & S., for the great bull run that might take 2 years to complete.
Don't miss this opportunity to get the bottom. Its possible depending on bitcoin that there are two areas to enter. One must consider the possiblities that BCT might pull back a bit and hence we have the lower target entry level.
ETH is gradually coming so we have plenty of time. If I don't forget, I'll try to signal it as well here.
As per my other posts, note that we should look at the general markets, like the SP500 and see how that is tracking. If this is not staying strong, then its unlikely we will have a good start early.
Please give me a like or tick for this presentations.
Cheers, S.Sari
Look for the macd crossing the signal with a higher low.
Daily chart overview
BTC dominance chart with agreement that ALTs will start moving soon.
Nota
16 hrly says its time
Nota
update on chart, I bought in based on this. This has my targets as well
Nota
I bought in some a bit premature. If I get the confirmation on the 12 hrly, and then followed by the daily, I will be flipping the majority to my favourite alts, XTZ, ETH, LINK, ADA and a few more if they pop their head up. Indicators are this, and MACD cross over
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