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CheddarBizcuitz
Jan 19, 2022 5:40 PM

$ETH Price Prediction 01/19/2022 

Ethereum / U.S. dollarBitstamp

Description

Strong support at 3050 to help solidify a second bottom; another drop is still possible but a few positive signs may prevent a (bearish) breakout.

D1 Chaikin back at zero line and MACD could hit a second divergence cycle if we can hold between 3200-3000 for the next few days. There's also a promising hammer reversal off the third red daily.

Posted H4 chart shows an inverted hammer to hammer (hanging man) which means we could drop back below 3100 short-term.







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