As Etherium keeps diving for the past few days follwing Bitcoin's trend, a hammer candle as formed on the daily timeframe. This could be a potential reversal as bulls get stronger.
The hammer candle has found support on the 20 EMA and should bounces back up to reach previous ATH.
Let's wait few days to see how price reacts. If a bullish signal appears, we enter the trade.
The hammer candle has found support on the 20 EMA and should bounces back up to reach previous ATH.
Let's wait few days to see how price reacts. If a bullish signal appears, we enter the trade.
Trade closed: stop reached