Watch for a sign of strength to establish above 1520.
ETH should not test below 1487 during this accumulation phase.
I am anticipating a move up for a wave 2 counter trend (wave 1 complete at 1469).
I am long ETH at this level.
Good Luck
ETH should not test below 1487 during this accumulation phase.
I am anticipating a move up for a wave 2 counter trend (wave 1 complete at 1469).
I am long ETH at this level.
Good Luck
Note
4H RSI is oversold
Note
Spring and Test might have just occurred. notice the volume on the spring.
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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.