ETH on the 4H
ETH found support right at the midpoint between the 0.382 and 0.236 Fib levels — exactly at yesterday’s close.
Price closed above the BB center, and the SMA is also holding above it — early signs of recovery.
RSI formed a double bottom in the oversold zone and has now crossed above its moving average.
MACD is about to flip bullish.
I remain bullish and still holding my long, but with tight risk management.
Always take profits and manage risk.
Interaction is welcome.
ETH found support right at the midpoint between the 0.382 and 0.236 Fib levels — exactly at yesterday’s close.
Price closed above the BB center, and the SMA is also holding above it — early signs of recovery.
RSI formed a double bottom in the oversold zone and has now crossed above its moving average.
MACD is about to flip bullish.
I remain bullish and still holding my long, but with tight risk management.
Always take profits and manage risk.
Interaction is welcome.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.