navidraad

ETHUSD buy oppourtunity.

Long
BITFINEX:ETHUSD   Ethereum
as you can see ETH in weekly chart, it has created an uptrend channel and now we are at the bottom. My account is not pro and i can not show you but the RSI and MACD also shows bullish reversal in daily chart(RSI just crossed above 30% line and bullish divergence in MACD), volume also is decreasing in bearish movement which is another indicator that soon there will be a reversal,so i suppose if ETH manage to hold itself inside of the channel we will see ETH in 4000 in June to July. unless we break from bottom of the channel and see another bearish movement and another buy opportunity. Forget all the FUD in the market and remember the time when bitcoin reached 20k everybody was in FOMO and predicted bitcoin will go till 50k.
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