Long

ETHUSDT 4H Hidden bullish divergence

Updated

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 buy

Trade 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

oneofthemornot

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