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xxNightr1derxx
Jul 20, 2017 8:15 PM

ETH Daily MACD Cross - Last time went from 80 to 400 Long

Ether / United States DollarCoinbase

Description

MACD Cross possible happening on ETH daily. Last time it happened ran from 80 to 400. 4 hours until confirmation.
Comments
josephtse
A cross below the 0 mark still means upside is limited until the MACD gets above 0. This should mean more sideways consolidation and imo, continue shorting any rallies to the upper resistance line around 235. Unless we break out above 235, eth can still fall to support, which I think is around 185. I think for now is a fair bet to buy in the 200-210 range, as it offers equal chance of upisde and downside, and you just sell when it goes up about 10% for now. If it goes below 200, I think that is even a better buying opportunity for the long run as I see this going to 305 at least.
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