Tiger_Style

ETH USD Still in Correction

Long
BITFINEX:ETHUSD   Ethereum
Is this triangle shape going to cause another impulse up? I guess it mostly depends on how strong BTC shows in the next couple of weeks. The pitchfork will hopefully be used to show when to buy or sell based on an upward trend, used in conjunction with the RSI and MACD, and moving averages. Above the red center pitchfork and with an overbought RSI is a sell signal for my own personal use. If other indicators show a move towards the green shaded area below the redline, I would use it as a buy signal for my own personal use.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.