I have left a previous example of an ascending triangle that occurred recently with Ethereum on the chart in dark green, notice how the current pattern formation in blue is nearly identical?
On the KST there's been a bullish cross where I've placed the blue finger icon.
The RSI is trading in a near-neutral zone, we have no seen any higher high creation on the RSI or the price, which is actually the opposite of Bitcoin, BTC is displaying a very clear bearish divergence, not that it means anything, just saying....
If Ethereum sees some downside price action it would be ideal if the blue upward sloping line of support held once again potentially indicating further upside price movement.
On the KST there's been a bullish cross where I've placed the blue finger icon.
The RSI is trading in a near-neutral zone, we have no seen any higher high creation on the RSI or the price, which is actually the opposite of Bitcoin, BTC is displaying a very clear bearish divergence, not that it means anything, just saying....
If Ethereum sees some downside price action it would be ideal if the blue upward sloping line of support held once again potentially indicating further upside price movement.
