Technical Analysis of #ETHFIBULLISH

Here's a closer look about few indicators of ETHFI ;

1-Its Volume has been steadily increasing over the past 5 days.

2- Horizontal support is also pushing the price in upward direction again and again .

3-The 5-day Exponential Moving Average (EMA5) has crossed over the 20-day EMA, indicating a positive trend of Bull run .

4-Its Relative Strength Index (RSI) is high in lower time frames, it remains relatively low on the daily chart which indicates that Spot traders are investing huge capital in it.

5-The price has broken out of trend line resistance as I mentioned in my previous analysis , EMA5 up and with its significant volume. If it can sustain this momentum without retracing back into the previous range, there is a strong potential for further move in Bull run direction .

6- It is perfect now for spot holding . It also made my previous predictions correct 💯.

7- For more Critical Analysis of ETHFI and All other coins You can contact with ARSHMAN bilal (Crypto World & Learning Series)