💡 Ethereum is the "safer" altcoin to diversify into if you want to compound your Bitcoin (without needing to trade on leverage)!
🚨 Stop Loss below previous daily candlestick wick 0.0209-ish
Risk to Reward 1:5
- Multiple Higher Lows on the daily timeframe shows Demand is eager to buy Supply at higher prices from previous bottoms.
- Price is testing its 200 Daily Moving Average, which is sloping up!
- RSI is oversold.
- MACD histogram is starting to converge...
🚨 Stop Loss below previous daily candlestick wick 0.0209-ish
Risk to Reward 1:5
Note
Well, if you got stopped out...😠 but re-entered when ETH made it back above its 200 Day Moving Average... 😲 it wouldn't hurt tot take profits now since the profit target hit at Resistance and RSI is Overbought. 😅 (16% extra Bitcoin... can't complain.)
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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.
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.