ETHBTC hidden divergence
There is hidden RSI divergence on the chart.
The price seems to remain stagnant while RSI has gone down significantly. Seems like a potential buy opportunity
Other signals in favor of the bullish trend are:
1. Pullback and range trading on BTC -> Bullish for ETH
2. ETHUSD (idea below) looks neutral to bullish
The pin bar at the bottom is a confirmation of the long signal. Trading with high leverage is not recommended.
The price seems to remain stagnant while RSI has gone down significantly. Seems like a potential buy opportunity
Other signals in favor of the bullish trend are:
1. Pullback and range trading on BTC -> Bullish for ETH
2. ETHUSD (idea below) looks neutral to bullish
The pin bar at the bottom is a confirmation of the long signal. Trading with high leverage is not recommended.
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