ETH/Z19 BULLISH SET-UP
ETH/Z19 MACD 1HR and 4HR BULL CROSS HOLD SUPPORT AT 21MA RSI BULLISH DIVERGENCE in 4HR TIME FRAME ONCE BTC DOMINANCE KEEP DROPPING EXPECT A PUMP FOR THIS COIN
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- Bull Flag Breakout & Retest DONE in 8hrs Chart..(Bullish)
- Volume is Increasing & Major Indicators Are Turning Bullish As Well..
- So LONG ETHZ19 with Low Risk..!!
#ETHZ19 (LONG) (BitMEX)
Buy Between 0.0212 - 0.0214 Sats
Sell Targets 0.0218-0.0224 Sats
Stop Loss Below 0.0210 Sats
LONG With 5% Portfolio..!!
Reason : Bull Flag...
Taking a long position here on ETHZ19. Bullish 4hr divergence, upticking histogram, potential macd bull cross looming, and with dominance possibly rejecting from the falling wedge makes me like this. Let's see how this plays out.
Most of all, please be sure to manage your risk properly. I recomend 5% positions, and no more than a 20% stoploss which comes to 1%...
ETH Lead the alts in swapping Augusts resistance into support and is on its way up. Next important levels are here. As long as btc is bearish for the next couple weeks I see the green scenario playing out.