ETH/USD: Bullish Divergence in RSI and price action confirmed!!!
I look that Ethereum show us a good entry to make a reversal of the trend buying in the yellow zone where represent the key support in Daily timeframe, but more later I will going to create another interesting analysis in Daly timeframe in Ethereum. I use my old strategy to prove the zones to know in least to use lines, becuase in the past the zones it's get me good result in my trading just analyzing from Daily timeframe.
s3.tradingview.com/s...shots/y/yqlcJPaO.png
Now, if you look in H8 timeframe, Ethereum forming a bullish hammer, and that will be a good signal that at least Ethereum could to recover the trend to up.
I entry in this trade where I put my SL at $1,777 USD and my target will be around of $2,400 USD.
In some minutes, I will going to analyze the Daily timeframe
s3.tradingview.com/s...shots/y/yqlcJPaO.png
Now, if you look in H8 timeframe, Ethereum forming a bullish hammer, and that will be a good signal that at least Ethereum could to recover the trend to up.
I entry in this trade where I put my SL at $1,777 USD and my target will be around of $2,400 USD.
In some minutes, I will going to analyze the Daily timeframe
