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degen chad πŸŽ©πŸ˜‰β“‚οΈ pfp
degen chad πŸŽ©πŸ˜‰β“‚οΈ
@degen-chad
Some people have been asking for the $ETH chart. Here’s what I see: Eth has still not golden crossed on the daily chart, unlike most other major assets. It’s now sitting on top of 200 day MA support. I could see it pushing for a golden cross in mid December which should give it enough energy to challenge the top of this massive (multi year) pennant. Pennant may be heavy resistance, but the real fireworks would start after that.
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@drmat
For ETH, I think following it with a moving average (MA) is the best approach. However, I believe using an adaptive MA would be even better. In any case, this strong hidden bullish divergence that has occurred indicates that Ethereum is going to be bullish, and we’re likely to see a prolonged trend.
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degen chad πŸŽ©πŸ˜‰β“‚οΈ pfp
degen chad πŸŽ©πŸ˜‰β“‚οΈ
@degen-chad
I like the setup. The more people are fading it, the more bullish I become. What kind of doctor are you?
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@drmat
I’m a general practitioner in Turkey with a strong passion for investing that began 10 years agoπŸ˜… . I started by focusing on my country’s stock market. Over time when medicine became a stable career for me, and I gained a lot of experience I decided to follow another passion (crypto) and it’s been an exciting journey ever since.
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