TheChartGuys

ETH Waiting for 4 hour oversold RSI

COINBASE:ETHUSD   Ethereum
All the attention is on BTC on this run, and funds are leaving ETH for greener pastures.
Lots of frustrated ETH holders and believers out there.
I personally will not look to play ETH until we see BTC consolidating, and we see a break in the hourly lower high pattern.
4 hour RSI will be oversold if we test $400 soon, and a break would give us stops triggering, and volume climaxes.
It all depends how fast these breaks occur to judge RSI, but holding out for a $400 test and potential break is my current game plan.
Bulls need to hold $400 to remain in a daily equilibrium pattern.

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.