ETH still waiting for an entry

COINBASE:ETHEUR   Ethereum / Euro
ETH is not yet at a good entry point IMO .

In daily, the Stoch RSI is very very low indeed (around 10), but not in 4H neither in 1H. There, we are completly overbought: 100 & 80. In 1h we break down the 80 soon.

Also, you can take a look at the magic indicator at the bottom: it's only going down.

Finally we have touched the resistances of the arising chanel twice (230e and 250e) and it may take a while before we hit again.

So I'd say: a buy at 190e would be wise, however we can wait a confirmation of the arising chanel. And TP at 245e and 265e.
Trade active: Entered at 215e, sadly we didn't go deeper but we had to keep back into the train!
Comment: Oups. Meant that we still got the 215e entry from earlier, but coudln't buy more then.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out