CRYPTO ETH SOS (Show of strength). ETH has been setting higher highs and higher lows. The volume is low in the SOS. The green candles are dominating. The trend is now our friend.
Volume - Low on selling. Higher on buying. Looks good.
RSI - Higher on each higher low so weakness in selling and strength is buying.
STO - Possibly a little more downside but looks like it could turn now.
Target 1 4600.
Stop Loss 3850
Volume - Low on selling. Higher on buying. Looks good.
RSI - Higher on each higher low so weakness in selling and strength is buying.
STO - Possibly a little more downside but looks like it could turn now.
Target 1 4600.
Stop Loss 3850
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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.