Ethereum Channel of Hope - ETH/USD
This chart was pleasant to look at. The RSI is super clear of oversold and overbought levels, along with areas of support and resistance. It appears that Ethereum is riding shotgun in a parallel channel with Bitcoin, and I remain bullish as long they continue their road trip within the guard rails. See linked chart for BTC analysis!
Note
Buying opportunities: $1800 - $1600 - $1400 - $1250
RSI level 40 (Note: RSI has reached 20 during large dumps)
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Related publications
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.