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ETHUSD: Analysis using Ichimoku 14/07/2020

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Ethereum (BITFINEX:ETHUSD)  
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BITFINEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns Technical Indicators ETH ethbuy ethsell ethlong ethshort ethusdlong ethusdshort ethusdbuy ethusdsell
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trendanalysis chartpattern indicator eth ethbuy ethsell ethlong ethshort ethusdlong ethusdshort ethusdbuy ethusdsell
H4
On D1, the cloud is directing upward, indicating an uptrend.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 50%.

H1
At H4, the cloud is directing downward, indicating to price correction. The RSI of H4 is in the middle of the range..
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H1.

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