stoch rsi for 4h is pretty high ~99 ish (oversold)
1 hour stoch ~90.6 (oversold)
hourly rsi approaching 70...aproaching oversold.
I think price will bounce off cloud and head back toward ~.115 to .108/200 ema, then re-test cloud. Usually that is what happens.
OTOH daily stoch rsi is very low.
I am trading light on this one because this could also be the beginning of another rally.
1 hour stoch ~90.6 (oversold)
hourly rsi approaching 70...aproaching oversold.
I think price will bounce off cloud and head back toward ~.115 to .108/200 ema, then re-test cloud. Usually that is what happens.
OTOH daily stoch rsi is very low.
I am trading light on this one because this could also be the beginning of another rally.
Comment:
I think we might see a dip in btc within the next hour or two, this will temporarily bring eth/btc ratio down.
last 4 hour and its big whisker top says that we might be going back down.
stoch rsi on 4 hour says way overbought
4hr rsi is approaching overbought
1hr rsi stoch says overbought
1hr rsi says almost overbought
WIth lack of significant ethereum events nearby, I don't see eth/btc staying up ~.12 too long
last 4 hour and its big whisker top says that we might be going back down.
stoch rsi on 4 hour says way overbought
4hr rsi is approaching overbought
1hr rsi stoch says overbought
1hr rsi says almost overbought
WIth lack of significant ethereum events nearby, I don't see eth/btc staying up ~.12 too long
Trade closed: target reached
the stochs and rsi's say overbought on 1 hr and 4 hr.
daily stoch rsi says oversold.