ETH/EUR - Daily - Technical analysis
Hello everyone,
Yesterday Ethereum bounced on an important support, which means that it could go higher. The RSI is Low, and we can observe a breakout which will be confirmed at the end of the day.
However, the Bollinger Bands 35 and the Moving average 25 are bearish, i'll personnaly wait for a RSI breakout confirmation to begin to get in, and wait for BB and MA to get bullish to consolidate and achieve my investment.
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Signals :
- Low RSI with coming breakout
- Bounce on big support
--
Thank you for reading, and trade safe !
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Yesterday Ethereum bounced on an important support, which means that it could go higher. The RSI is Low, and we can observe a breakout which will be confirmed at the end of the day.
However, the Bollinger Bands 35 and the Moving average 25 are bearish, i'll personnaly wait for a RSI breakout confirmation to begin to get in, and wait for BB and MA to get bullish to consolidate and achieve my investment.
--
Signals :
- Low RSI with coming breakout
- Bounce on big support
--
Thank you for reading, and trade safe !
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
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