This bottoming action on previous strong support is very bullish.
We have put in a higher low, and CMF has been increasing for a while, with a higher low on that as well.
I expect BTC has also reached a top, so both pairs will likely decrease in USD price, but ETH will fall less than BTC .
If ETH makes a lower low from here, this idea is invalidated.
We have put in a higher low, and CMF has been increasing for a while, with a higher low on that as well.
I expect BTC has also reached a top, so both pairs will likely decrease in USD price, but ETH will fall less than BTC .
If ETH makes a lower low from here, this idea is invalidated.