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#Ethereum 1H chart has created a strong bullish divergence on RSI. The 1st #divergence fas relatively flat, but the 2nd is quite strong. That's why we are seeing a #pump.
The price is inside EMA Ribbon, so we might see some resistance here. But overall #bulls are in control now.
The price is inside EMA Ribbon, so we might see some resistance here. But overall #bulls are in control now.
#Ethereum 1H chart. MACD also had a double divergence from the price, which is fairly bullish. It also crossed into the positive momentum side, leading to the price pump we are seeing right now.
From looking at the Stochastic RSI, we can say that #bullish momentum is rising and #ethereum is gaining strength.
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