Wow wow wow ETHUSD! If you haven't been paying attention to the crypto universe, you may want to see what you're missing out. Crypto is gaining strength again and that sense of euphoria is beginning to kick in. ETHUSD alone is at over a +136% gain since December levels from just a few months ago. BTCUSD and other alts have also seen impressive runs and gaining momentum.
What I love about the current ETH run is that we see MACD, Price levels, and RSI all bullish together on this run. RSI is reaching overbought levels and we are expected to see a dip or some sort of slow down here, but I would only short as a hedge here and wouldn't want to get caught trying to guess the top. We are also seeing the long awaited golden cross about to take place. So trade carefully and use stop losses.
Next price target we're watching is the $290 range.
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Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
What I love about the current ETH run is that we see MACD, Price levels, and RSI all bullish together on this run. RSI is reaching overbought levels and we are expected to see a dip or some sort of slow down here, but I would only short as a hedge here and wouldn't want to get caught trying to guess the top. We are also seeing the long awaited golden cross about to take place. So trade carefully and use stop losses.
Next price target we're watching is the $290 range.
Shoot us a like and give us a follow as we come back with more updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Note
Target hit the $289.16 level. Seeing saw a nice pull back to the $237 levels if anyone caught that dip.
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.