ETH/USD Weekly TD Sequential Analysis+TA
In previous ETH/USD posts I pointed out bullish as well as bearish signals on weekly and monthly time frame, yet there were more bearish signals than bullish, thus weakening the odds of a breakout to the upside. I think it's possible that when Bitcoin has its correction it will drag ETH down near .02BTC, if not lower because of the T D 9 Sell Setup on ETH/USD Monthly chart. Your best bet is to wait until after Bitcoin has it's 1-4 month correction before buying into any alts for a long term profit. I am waiting until January to even consider buying into alts for the Alt Season. The chart is on logarithmic scale to fix the fib on there, so it looks weird.
Note
I'm sorry guys, I named it ETH/USD, but it's actually ETH/BTC.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.