SuperShibe
Long

ETH V Bottom, Record Shorts, RSI Divergence, Bullish!

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
ETH stopped its decent at the 1.414 extension level and just above the $150 resistance which is significant. Here are the current bullish indicators for the mother of ALTs.

1. Daily RSI divergence showing sellers losing momentum.

2. Daily TD 8 with hanging man candle + V bottom, we are looking for a 4 count to go aggressively long.

3. Record open shorts which will be massively under water under $250, margin calls on Finex at around $300 likely to fuel the rally up to the upper trend line .

Targets as follows:

TP1: $236

TP2: $364
Comment: https://www.tradingview.com/chart/vOzTd6...

RSI resistance hit and first trend line approaching.
Comment:
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