ETHUSD Analysis

in #ethereum6 years ago (edited)

Hey everyone, it's been a while. I was busy and I totally forgot here tbh. Now I am back with a basic ta. I am waiting a general correction in crypto markets. However, I will not be shorting. My bias is bullish so I will be looking for long opportunities. I would really like to see ETH around 140-142. I use orderblocks in my analysis.

https://www.tradingview.com/x/GT0iEA4Z/

GT0iEA4Z.png

As you can see in the chart, RSI could not maintain high and Stoch RSI had a bearish cross. You can take a short trade of course but I am not doing that. If it breaks 176, I might scrap my chart and look for new trades.

If you have any comments or questions, I'll be happy to discuss. Cheers.

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