ChartCinema

ETHEREUM/BTC πŸ˜ƒ Opportunity πŸ‘

Long
ChartCinema Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
πŸ’‘ Ethereum is the "safer" altcoin to diversify into if you want to compound your Bitcoin (without needing to trade on leverage)!

  • Multiple Higher Lows on the daily timeframe shows Demand is eager to buy Supply at higher prices from previous bottoms.
  • Price is testing its 200 Daily Moving Average, which is sloping up!
  • RSI is oversold.
  • MACD histogram is starting to converge...

🚨 Stop Loss below previous daily candlestick wick 0.0209-ish
Risk to Reward 1:5
Comment:
Well, if you got stopped out...😠 but re-entered when ETH made it back above its 200 Day Moving Average... 😲 it wouldn't hurt tot take profits now since the profit target hit at Resistance and RSI is Overbought. πŸ˜… (16% extra Bitcoin... can't complain.)


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