Quote from: dragonvslinux on November 22, 2020, 07:34:19 PM

Ethereum is still looking great now breaking out above ₿0.03 Cool

Personally I'm expecting a re-test of the 0.786 retracement around ₿0.035 at minimum, as well as generally higher highs.

Price got to 0.0337, not quite 0.035, but much quicker than expected. Zooming into smaller time-frames, we're finding support, but I still think we can correct a bit further...

There's MA support building up nicely on the Daily time-frame as well, whether price will return there is yet to be seen. I think it's likely traders front-run this support at the 0.5 fib retracement, rather than wait for the 0.382 where support lines up nicely. This will largely depend on whether BTC breaks $20K or not imo.

Either way, the confluence of support on the 4hr and Daily is promising in the near term. Long-term, we are still in a massive bull-flag.