ETH fell below the 61.8% fib retracement level (4H chart), and got bought back up to the level ($200). Has ETH finished retracing, or could we have another level left to fall to? We shall see. Good luck!
The ETH 1D MACD is showing bullish momentum, but is still negative. The RSI is slowly rising since it had been previously oversold, but it could go either way.
The 4H RSI is rising similarly and is also fairly neutral, but the MACD is bullish and may bounce up/stay above the signal line. 4H is also supported by the base of the ichimoku cloud.
ETH 1H RSI is...
We're rising (MACD and RSI) on the 1D chart. The 4-Hr is still bearish, but could turn bullish quickly.
The ETH 1-Hr RSI is nearing oversold. Price seems to be getting some support at the 50% and 61.8% Fib retracement levels. The 1-Hr MACD seems neutral at the moment. We shall see what happens. I'd be bearish if the 61.8% Fib level doesn't hold. As always, good luck!
ETH is Bouncing up off the 4-Hr MACD (bullish), and crossing up on the 1-Hr MACD (bullish). We're over-extended on the 15-min indicators, but, that's to be expected since we just spiked a bit. Let's see how ETH behaves with this lower-trendline as resistance. We are rising on the 1D, and if this is a real bounce off the 1-Hr MACD, we should see the 4-Hr come...
1-Hr chart shows the rsi nearing oversold, and the macd is still under the signal line. It may be a good time to buy once we get a solid cross up on the macd. As for the ichimoku cloud, it would be nice to see a TK-crossover (crossing up) in/near the cloud. Right now we are still well below the cloud, and the conversion line is below the baseline (both bearish)....
ETH 1Hr chart looks interesting. If the same pattern repeats, we would bounce off the 1Hr MACD and head upward (). If it doesn't work out that way, ETH may test the lower trendline sooner than later. As always, good luck!
There is still room on the 4H rsi and macd for more upward movement. We are testing the upper-bound of the ichimoku cloud and getting some resistance there. If we break the consolidation cloud and then the upper-trendline around $242, we will likely move higher. Good luck!