$ETH & $BTC PUMP but what does this mean?

2023년 1월 16일

This is a copy paste & apologize can't show all charts spoken about here
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1

ETH RSI = 86

MUST USE BTC #FUTURES as derivatives DICTATE price & NOT SPOT #BTC

This = why most Influencers get calls wrong
Truthfully, most don't have real chart skills

Historically, RSI has been higher 5/21 top
RSI is STRONG = good sign
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2
We surmised #crypto pump was incoming
Call it experience

Daily ETH broke 2 resistance areas within week
VERY GOOD, both with ease & okay volume

WEEKLY RSI + trading⬆️both Moving avg = GOOD

#ETH getting closer to light blue area
This is #ethereum REAL TEST

#Crypto
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3
BTC won't be outdone by ETH
Also⬆️10% & broke resistance EASILY

Volume on daily IS GOOD

ALSO, like #ETH, #Bitcoin has GAP to fill
Likely fill before BULL rally

Don't think #BTC breaks LONG TERM DOWN TREND on 1st try, but who knows

Have 2 say, FEELS lil different
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4

BTC RSI is 90.6
#BTC hit this few times in 19 & 1x in 20 & 21

ALL TIMES, except 21, traded sideways after
= #bitcoin CONSOLIDATION for NEXT PUMP

21 = SMALL pullback for more PUMP
Slight exception 1st time in 19, begins bull

*DIFFERENCE, we're in BEAR vs that was BULL mkt
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5
This #bitcoin & #Ethereum🧵can be MUCH LARGER but will only mentioned the important

Weekly BTC, see RSI?
Only 1x closed🧵⬆️50 but NO FOLLOW THROUGH
Currently HIGHEST in down trend!

Like ETH, don't think #BTC downtrend broken 1st try
GAP on WEEKLY, will be attracted to it
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Way tough to call #BTC bottom

See current pinned post on BTC bottoms

Signs are coming in AGAIN
It's also GREAT that #Bitcoin is "leading", ot the very least, NOT LAGGING ETH & #altcoin

Time will tell but this FEELS different than other 2 potential bottoms

BE PATIENT