Is Ethereum waking up?
Hi Guys
This is Bijan back again from AtlasTED team. Is Ethereum going to wake up?
See below my analysis:
1 D timeframe:
It is showing good support for 7 days in the Support Zone and you see the RSI is getting out of oversold zone, and a small failure swing is spotted.
If the bearish RSI channel is broken then I believe it can be good trigger to enter the market.
4 Hour timeframe:
We see a double bottom is forming, a divergence in price and RSI and MACD is opposite.If the neck line is broken, the it can be a good sign to enter.
It is my own analysis and the risk-reward should be considered by YOU
God bless
This is Bijan back again from AtlasTED team. Is Ethereum going to wake up?
See below my analysis:
1 D timeframe:
It is showing good support for 7 days in the Support Zone and you see the RSI is getting out of oversold zone, and a small failure swing is spotted.
If the bearish RSI channel is broken then I believe it can be good trigger to enter the market.
4 Hour timeframe:
We see a double bottom is forming, a divergence in price and RSI and MACD is opposite.If the neck line is broken, the it can be a good sign to enter.
It is my own analysis and the risk-reward should be considered by YOU
God bless
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.