ETH has hit the long confirmation of $1,530 as shared this morning and projected first on Aug 27th. Look for possible resistance levels at $1620, $1720, $1814.
Technicals -
ETH funding is catching up to price with a bull signal within 3 bars.
ETH daily MACD showing upward momentum
ETH daily Stoch showing cross-over with upward momentum
ETH daily Vix Fix showing strong local bottom was present at low of bar
ETH daily CCI back above -100 and no longer oversold
Still bear market, expect to drop after upward high timeframe momentum is finished.
Technicals -
ETH funding is catching up to price with a bull signal within 3 bars.
ETH daily MACD showing upward momentum
ETH daily Stoch showing cross-over with upward momentum
ETH daily Vix Fix showing strong local bottom was present at low of bar
ETH daily CCI back above -100 and no longer oversold
Still bear market, expect to drop after upward high timeframe momentum is finished.
Commentaire:
Additional resistance levels; $1,560 (15 EMA Daily) and $1,580 (BB middle Daily)
