Here are my reasons for entering a long position on ETH/USD.

The confluences for my entry:
✓ Holding support at key level
✓ TD9 exhaustion at key level (2HR)
✓ Stochastics looking to shift moment at candle close*
✓ Bullish divergence looking to print at candle close*
✓ RSI looking to head upward from 0 read towards bullish control zone*

*assumptions not confirmed

I will enter a long position with a stop loss below the wick of the reversal candle of the held support and look to take profits at the 2.618 resistance.

** this is not financial advice **
CryptocurrencyEthereum (Cryptocurrency)ETHUSDFibonacciOscillatorsSupport and Resistance

Feragatname