This is start of my journey in crypto TA, so we will start from the father of all altcoins. See a great set up for a long position. In this case rather wouldn't like to set a tighter stop loss just because of stop hunters. Sure there will be ability to add more while retest, so welcome and stay tuned >>>
Note
So far, so good. Sitting at MA 25/MA 50. As Stochastic RSI is overbought on 4h, waiting for a quick retest of range lows. Good spot to buyTrade closed: stop reached
Ethereum followed bitcoin, nothing new. If you checked my bitcoin review, there is daily chart analysis, there I warned about bearish divergence. Ethereum had one too, but I thought that 4h bullish divergence would play first, unfortunately. So now we have a bounce, so I will do some research and comeback with a new stuff. Stay tuned
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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.