nrhayes91

Ethereum- Hidden BULL divergence and bounce off daily trend line

Long
KRAKEN:ETHUSD   Ethereum
I'll be honest - I don't pay that much attention to Ethereum. However, I do like to make money and this looks to be a nice opportunity.

You can see that ETH is currently bouncing off it's long term daily trend line (Since Dec 2018). This looks to be setting up for a nice spot for a long buy. Also, you can see that there is strong hidden bullish divergence on the RSI.

Keeping a tight 2-5% stop loss just below the trend line allows this to be a pretty safe trade with a high reward to risk.
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