MORE AND MORE BULLISH HIDDEN DIVERGENCE
Still the same chart set up as BTCUSD, the bullish hidden divergence.
Price making a higher lows and RSI making a lower low. This gives a signal to be ready to take a long position.
A breakout of the near resistance will likely push price to the next target higher.
VERDICT:
BUY:$133.69
SELL:$145 up to $163
STOP LOSS:$121
Risk Disclaimer:
Trading cryptocurrency on margin carries a high level of risk(volatile), and may not be suitable for all trades who are yet to understand how to use STOP LOSS. The high degree of leverage can work against you as well as for you.
It is your responsibility to confirm if you want to take this trade or not. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.
If you do not fully understand these risks you must seek independent advice from your financial advisor.
Still the same chart set up as BTCUSD, the bullish hidden divergence.
Price making a higher lows and RSI making a lower low. This gives a signal to be ready to take a long position.
A breakout of the near resistance will likely push price to the next target higher.
VERDICT:
BUY:$133.69
SELL:$145 up to $163
STOP LOSS:$121
Risk Disclaimer:
Trading cryptocurrency on margin carries a high level of risk(volatile), and may not be suitable for all trades who are yet to understand how to use STOP LOSS. The high degree of leverage can work against you as well as for you.
It is your responsibility to confirm if you want to take this trade or not. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.
If you do not fully understand these risks you must seek independent advice from your financial advisor.
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.
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.