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ETH (1Hr falling)

BITFINEX:ETHUSD   Ethereum
1-Hr chart shows the rsi nearing oversold, and the macd is still under the signal line. It may be a good time to buy once we get a solid cross up on the macd. As for the ichimoku cloud, it would be nice to see a TK-crossover (crossing up) in/near the cloud. Right now we are still well below the cloud, and the conversion line is below the baseline (both bearish). Potential buying opportunity coming up, so stay vigilant! Good luck traders!
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