Ethereum Cool-Off Day?
Team Sparkster's analysis for Ethereum hit another home run last week as the Monthly time-frame came to a close.
High time-frames are all bullish with strong momentum.
However yesterdays 'flash crash' has dampened short-term momentum and we may see a couple of days consolidation before resuming the uptrend. As you can see, MACD momentum is pushing down. RSI has remained overbought for a while and may need to reset.
Traders will be looking for a break above yesterdays close for re-entry.
Our current best performing SparksterSignal is up 204% on 4hr time-frame.
- Note: SignalsBySparkster are not provided as financial advice.
High time-frames are all bullish with strong momentum.
However yesterdays 'flash crash' has dampened short-term momentum and we may see a couple of days consolidation before resuming the uptrend. As you can see, MACD momentum is pushing down. RSI has remained overbought for a while and may need to reset.
Traders will be looking for a break above yesterdays close for re-entry.
Our current best performing SparksterSignal is up 204% on 4hr time-frame.
- Note: SignalsBySparkster are not provided as financial advice.
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