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MediumOfEscape

ETH Triple MACD Classic Bullish Divergence

Long
Ethereum (KRAKEN:ETHUSD)  
MediumOfEscape Updated   
KRAKEN:ETHUSD   Ethereum
Technical Indicators Cryptocurrency Ethereum (Cryptocurrency)
5
2
indicator cryptocurrency ethereum
ETH currently has a potential bullish engulfing candle being painted on the daily along with triple MACD classic divergence.

First target would be $4,150, but I'd be looking for $4,632 as the 2nd target.
Stop: $3650
Comment:
With BTC currently breaking below $46,211 which would invalidate it's bullish engulfing candle, and with the omicron news of 1 million cases per day, I think this will spook the market.

All of my short term positions are closed. I'm still holding my ETH I bought between 2019-2020. But, short term, I'll just sit out for a bit and see what happens.
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