ETH/USD - Wyckoff accumulation pattern, RSI-14 supported
Hello,
As we regularly visit the 'oversold area' on RSI-14, this suggest accumulation on the market.
CME expiration date could suggest the the "spring area' in the pattern.
CME expiration date is right after the launchpad of testnet of EIP-1559.
The final 'London hardfork' with full EIP-1559 implementation stats 14. July, however right after testnet we will know if this implementation work properly... If it does, guys... (and ladies!) SKY IS THE LIMIT!!!
Best, as always,
Paweł ;-)
As we regularly visit the 'oversold area' on RSI-14, this suggest accumulation on the market.
CME expiration date could suggest the the "spring area' in the pattern.
CME expiration date is right after the launchpad of testnet of EIP-1559.
The final 'London hardfork' with full EIP-1559 implementation stats 14. July, however right after testnet we will know if this implementation work properly... If it does, guys... (and ladies!) SKY IS THE LIMIT!!!
Best, as always,
Paweł ;-)