Bought some more ETH at .0596
The chart lays out the info:
1) Kijun touch on an uptrend is a good area to buy a pullback for next leg up
2) Continuation/Hidden RSI divergence which is also an indication of another leg up to come
3) Price is also interacting with the 0.382 fib level of the upward trend
1 Hour Chart also shows:
1) ETHBTC is now tested a previous high as support when it was resistance
2) Price is testing the Kumo cloud which offers more support
Not Financial Advice. DYOR.
The chart lays out the info:
1) Kijun touch on an uptrend is a good area to buy a pullback for next leg up
2) Continuation/Hidden RSI divergence which is also an indication of another leg up to come
3) Price is also interacting with the 0.382 fib level of the upward trend
1 Hour Chart also shows:
1) ETHBTC is now tested a previous high as support when it was resistance
2) Price is testing the Kumo cloud which offers more support
Not Financial Advice. DYOR.
Comment:
So far so good...need to break this ascending triangle to the upside.