Pretty nice weekly setup on Ethereum.
* Price above MA20/W
* RSI / Stoch RSI on the rise.
* MACD about to crossover
A weekly close on volume above Par SAR (about 2882$ currently, falling) would signal inversion and prefigure a quick move towards 3300-3400$ area, edge of upper Bollinger band.
In case such scenario happens, let's have a look at monthly picture.
As you may notice, price is currently consolidating at support. A move up on W assisted by volume would likely ignite a stronger move toward 3800-4000$ area within few months.
Meaning a (conservative) 30% upside.
Watch it closely.
* Price above MA20/W
* RSI / Stoch RSI on the rise.
* MACD about to crossover
A weekly close on volume above Par SAR (about 2882$ currently, falling) would signal inversion and prefigure a quick move towards 3300-3400$ area, edge of upper Bollinger band.
In case such scenario happens, let's have a look at monthly picture.
As you may notice, price is currently consolidating at support. A move up on W assisted by volume would likely ignite a stronger move toward 3800-4000$ area within few months.
Meaning a (conservative) 30% upside.
Watch it closely.
Trade ativo
For sake of completeness: (short term) invalidation in case of rejection and weekly close below MA20/W (about 2736$)Nota
This was meant to be a note, sorry.Actuale entry signal would be a close above 2880$ (and inherently Par SAR inversion), as I wrote above.
Nota
Par SAR inversion achieved already.Watch weekly close.
Trade fechado: objetivo atingido
First target reached already.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.