Ethereum
Long
Updated

Some room for recovery.

366
Ethereum just tested MA50/W and is now likely to move towards resistance.
Unless BTC slumps again, of course.

1) trendline support
2) MA50/W support
3) Bullish divergence
4) RSI trending up, oversold Stoch RSI
5) Flattening MACD

Speculative trade, stop under 2900$.

Note
Rolling, but still fragile.

Have a stop, worst case in break even.
Never change a profit into a loss.
Note
Here it is:

snapshot
Note
Watch BTC
Note
Next chapter:
A bounce is coiling.
Trade closed: target reached
Closing down as the interim move up predicted here was completed already on jan 13th.

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