ETHUSD Bullish is looking similar to the last leg up. Will we see continuation as we have previously? ETHLONGS on BITFINEX are soaring, ETHSHORTS are dwindling. We also have declining volume again with sustainable Highs and Higher Lows. The flag looks legitimate coupled with the volume.
This seems Bullish to me, but again I am eyeballing a Bullish Butterfly that would see some correction coming to price should it validate. Price action, as seen on BITFINEX will be bumping into a distant trend line, though these previous months have shown this is the time for trend changes.
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Previous Post on Distant Trend Lines from November until now.
This seems Bullish to me, but again I am eyeballing a Bullish Butterfly that would see some correction coming to price should it validate. Price action, as seen on BITFINEX will be bumping into a distant trend line, though these previous months have shown this is the time for trend changes.
Previous Post on Bullish Butterfly:
Previous Post on Distant Trend Lines from November until now.
