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Ethereum
Long
Updated

Missed the ETH Move to $1.1k? This is the plan for you!

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Missed the ETH Move to $1.1k? This is the plan for you!
ETHUSD

Summary
  • Stocastic and RSI bearish divergences make great buy in areas for major retracements on a strong chart in an uptrend.
  • RSI and Stochastic Bearish Divergences observes on ETH 4hr Chart
  • ETH is without a doubt both strong and in an uptrend
  • $850-$900 is a great area to add more or buy into ETH
  • I used this method to set limit buys for the last major retracement and it worked very well for me.


snapshot

Good luck!

Note
1/8 Update:
ETH retraces to the very end of the Bearish Divergence at $950 and bounces.

I still feel it needs to move lower to fully correct the Bearish Divergence. If you look below, the Bearish Divergence still exists, although slightly less severe now.

Buy Target is still 850-900
Note
snapshot
ERG34534542345
Chart PatternsETHETHBTCEthereum (Cryptocurrency)ethereumlongetherumETHUSDETHUSDTTechnical Indicators

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.
Chart PatternsETHETHBTCEthereum (Cryptocurrency)ethereumlongetherumETHUSDETHUSDTTechnical Indicators
ERG34534542345

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.