ETHUSD Long on 1HCOINBASE:ETHUSD
4H chart is looking good for a move upside as it made a higher low after a good bottom. At the moment it does look like this is a confirm reversal with current support area at 3360-3400.
1H chart is looking a bit high at the moment on the PSI 1H so it may need to rest. This pullback need to be able to hold the support at 3360-3400 . If this support breaks, then this trade is invalidated.
Overall trend on 4H is still looking good on uptrend.
Entry: 3340
SL: 3360
Target: 3595 (just below 3600)
DISCLAIMER: Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security, investment, currencies or assets.
Pricestrength
ETHUSD Long on 15' w PSICOINBASE:ETHUSD
Going Long on 15' as PSI shows that it made a higher Low and holding above Zero line.
This is also in the direction of 1H chart where it looks to be holding this support area at 3335 and 3315.
When PSI 15' confirms a good bounce/higher Low, this would also be shown on the 1H chart where the PSI 1H would start to curl to the upside.