Ethereum
Long
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ETH - Update

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ETH has been "crashing" lately but I think it is in the end state of a long rally. In fact I think we are in the last stage of Wyckoff distribution and we could see a major rally soon. Looking at the 300 SMA we bottomed there in June 22 and if we hold there, it could be the spring board for a massive rally to new highs.

Also I think GLD will top in a week or so which will be good for BTC and ALTS.

Not investment advice. Please like and share and leave a comment.
Nota
Easier to visualize it this way:
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Nota
ETH looks just like GLD
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Trade attivo
Eth likely bottomed. I took advantage and bought some this morning.
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Nota
RSI on monthly has never been this oversold.
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