ETH:USD- Possible outcomes
ETH is interesting right. Some indicators of a possible bounce zone here are:
1) Confluence of support
2) (kinda) Bullish divergence
3) Recent golden cross on the daily
4) Volume and RSI looking good
I think if the first support line (dark red line) holds then it may have some more decent upward movement. If it doesn't, it may end up between the .618-.786 FIBs and/or the second dark red support line.
1) Confluence of support
2) (kinda) Bullish divergence
3) Recent golden cross on the daily
4) Volume and RSI looking good
I think if the first support line (dark red line) holds then it may have some more decent upward movement. If it doesn't, it may end up between the .618-.786 FIBs and/or the second dark red support line.
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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.