ETHUSD MERRY CHRISTMAS
After a double bottom at $83, things are looking up in the ether.
Here are the factors pointing to $83 being our bottom:
1) Broke out of descending triangle/channel with descending volume (bullish turnaround) (red)
2) RSI & MACD crazy bullish divergence (green)
3) Volume breakout
It looks to be coming down right now - $98 looks like our next support area to hold this up.
Moving Forth.
Here are the factors pointing to $83 being our bottom:
1) Broke out of descending triangle/channel with descending volume (bullish turnaround) (red)
2) RSI & MACD crazy bullish divergence (green)
3) Volume breakout
It looks to be coming down right now - $98 looks like our next support area to hold this up.
Moving Forth.
Note
Buy in opportunity coming - potential inverse head and shoulders forming, if it breaks red line @ $120, its up to $180 and probably $200.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.