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degen chad 🎩🤫Ⓜ️ pfp
degen chad 🎩🤫Ⓜ️
@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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Lenonmc21 pfp
Lenonmc21
@lenonmc21
ETH has been quiet during this period after the elections, and although it is not far from its all-time high at $4880 or so, it must break that big pennant and if that golden crossover happens, it would be excellent. The dominance of BTC has risen, it is around 61%, while that of ETH has fallen and stands at 12.13%, the money is still concentrated in BTC, when it corrects as it should be for a healthier structure, money can come out to the ALTS, especially ETH. Good time to accumulate and average the price, although if it were a trade I would like to buy lower. This is how I see them in 1H and 1D.
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