Stop the presses, call your mother, and hide your bearskin rug — because ETH just did something even my cousin Murray couldn’t pull off at the racetrack: it broke out! 🎉 According to van de Poppe (not to be confused with Popeye, who much prefers spinach to Ethereum), a higher low strutted its stuff on the chart and then—BOOM!—a breakout so loud even Wall Street woke up. The chart is looking more bullish than my Aunt Golda at the bingo parlor.
“The higher low confirmed, and then, a massive breakout took place. The trendswitch is clear,” wrote van de Poppe. Not to be dramatic, but if ETH keeps this up, it’ll need an agent.
Chart Breakdown: Or How I Learned to Stop Worrying and Love the Wedge
Feast your eyes, folks! The chart below has more drama than a telenovela and looks better than my third ex-wife’s wedding gown. ETH/BTC squirmed its way out of a falling wedge—a pattern so tight, even Houdini would sweat. What do we see?
- Liquidity zone? Gone! Like my hair in the seventies.
- Resistance? Smashed! Think of it as the piñata, and ETH as the sugar-crazed toddler.
- Volume? Expanding! Someone hit the “louder” button.
ETH flexing on Bitcoin like it just won the lottery only means one thing: all the other altcoins just got stage fright. Well, except the analyst, who is yelling, “It’s only just starting!” from the rooftops. (Hopefully not his neighbor’s roof again.)
Altcoins and Bullish Divergences — Weekly Edition! 📅
If ETH’s daily move makes you feel things, wait until you hear what the altcoins are planning. Van de Poppe is claiming that a bunch of these wild tokens are showing weekly bullish divergences. That’s like seeing the signs of a coming parade… every single week! Now, if only my weekly card game looked this promising…
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2025-05-11 02:02