ETHUSD: Analysis using Ichimoku 14/07/2020

H4
On D1, the cloud is directing upward, indicating an uptrend.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.

H1
At H4, the cloud is directing downward, indicating to price correction. The RSI of H4 is in the middle of the range..
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H1.