ETH.BTC (Y20.P2.E1).Macro.Potential

Hi All,

It really depends how it gets to the trend line and what ETH is doing at the time.
Its just an area to pay attention too.
I'm bullish bias and hence based on the previous post on ALTS.LTC, I have it going up.

Close up view, on the 8 HRLY and have the 10, 20, 50 EMAs.

Please don't forget to give me a tick\like, as I would appreciate it.

Regards,
S.Sari /CryptoProspa
(for my reference > Macro.charts)

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We are approaching the Daily 200 EMA. There is a likelyhood that it will be rejected because we have a big bearish divergence on the DAILY for BTC and the way things are indecisive, with some bearish tones today. I think its more likely to happen.

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After further looking into, I changed my mind. I think it will break it but 1st it will consolidate underneath the 200 EMA within the current upward channel as per the blue dotted lines. The blue band is the area between the 50 and 100 EMA and I think this will act as support or buffer.

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In terms of ETH.USDT, it hit a main fib line\resistance, which also corresponds to a wedge formation as well as for BTC. Prices are to come down now for most.

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:)

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The black swan effect, for the record