I will stick my neck out, and say this is where I think ETH is likely going....up to just over 0.03, get all the bag holders excited and make em abandon their plans to dump their ETH just as soon as they get to break even.....and then....KABOOM! Sub 0.01
The problem I see with that is that there doesn't look like being enough volume movement to get even there. 1-Hour MACD is positive right now but look at the more leading OBV: dead as a dodo and about to plunge through its moving average.
Longer range charts are now entering correction phases indicating pump is all but over: Have a look at the 1-Day. 12-hour is already well into correction and plenty to go.
Of course one can never discount the power of FOMO so you still could be right. Also the 6-hour chart looks more like supporting your pump to 31
To me, it looks slightly kamickaze buying into that market right now. So many large buys were made above this level and people are trapped up there. BTC is now looking mighty attractive to them and any rise could just trigger the avalanche.
What do the chart experts think now? Looks like things going south?
@tok?