Ethereum / Tether
Long

ETH/USDT

162
Hello,

I believe a buy opportunity for ETH will soon emerge. As we can se in the graph there are a few bullish signals. For starters ETH has found support in the Ichimoku cloud, which I see as a good signal. The overall signal I get from Ichimoku is that the up trend since the 22th will continue -which amplifies the significance when ETH breaks the 298-299 resistance level. This would be a good entry level. We can also see a potential shift in the RSI trend - another good indicator. Profit target is, atleast for me 340.

I would sell if ETH breaches the Ichimoku cloud.

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