Ethereum RE-BUY
ETHBTC it s situated into a rising wedge which will result probably into a breakdown from this wedge.
ETH was tested 0.0376 Resistance line and now they want to push higher but in stochastic RSI we have a bear cross,RSI and macd it s a little overbought at 1D timeframe.
We are above ichimoku cloud which is a bullish sign but probably they need to cool down a little bit . My target for RE-buy is 0.0331 (i m solded only 50%)
Trade active
3D timeframe analysis
StochRSI 3D overbought
RSI near overbought zone and we have a huge huge huge ichimoku resistance
Order cancelled
Wait for a new analysis for retracement and you can re-buy it .
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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.