Crypto4Everybody

Can a bullish divergence help Ethereum for its tasks?

BITSTAMP:ETHUSD   Ethereum
Ethereum´s 7 tasks on the 4h chart...
1. recapture the first red trendline channel
2. flip the MA Ribbon bullish again (green)
3. break the red horizontal resistance
4. break the red trendline channel on price chart
5. break the FIB golden pocket
6. break the red trendline channel on OBV
7. confirm breakout(s) and have fun ;-)

A bullish divergence in RSI and OBV might help (not confirmed yet - must see a clear lower low)

Drop me a nice comment if you'd like me to analyze any other cryptocurrency.

*no financial advice
do your own research before investing

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.