MillionaireEconomics

ETH Ethereum: 1D Chart Update

BITSTAMP:ETHUSD   Ethereum
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD), a cryptocurrency.

The chart is self-explanatory. Ethereum price is currently trading in the Fibonacci Golden Pocket zone and in a high trading area of the VPVR (Volume Profile). The Ichimoku Cloud shows green clouds for upcoming support. RSI also shows support for a potential move up. Volume is low and Stoch RSI is oversold. If price moves up, keep an eye on the 0.786 Fibonacci level. If the price falls, keep an eye on the 0.382 Fibonacci Retracement level.

Shown: Ichimoku Clouds , RSI (Relative Strength Index), Stochastic RSI (Stoch RSI), Fibonacci Extension , Volume Profile (VPVR), Support and Resistance Trendline, 200 EMA, and Volume.

If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk

I chart on Tradingview: www.tradingview.com/symbols/BTCUSD/?aff_id=25106

I hold crypto on Ledger Hardware: shop.ledger.com/?r=9f683f228f19

I find value in the data from LuxAlgo:
www.luxalgo.com/pricing?rfsn=6252565.5f61bd
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.