Price - 223-225$. A good price to long ETH with low leverage for a higher time frame.
Reason- Retested 223$ resistance turned support.
- Overall Bullish Bias.
-About to get out Cloud. Kijun(Cherry line) is acting like a resistance. Bullish Kumo twist
(future cloud is green). Already had a bullish TK cross.
-Bullish hidden divergence.
-RSI at a decent level considering Bullish trend.
Things to consider - ETH/BTC chart doesn't look good. That can be a result of Bear reason+ Sudden Bitcoin run.
Please leave a like if you agree and feel free to comment if you have some other opinion.
Reason- Retested 223$ resistance turned support.
- Overall Bullish Bias.
-About to get out Cloud. Kijun(Cherry line) is acting like a resistance. Bullish Kumo twist
(future cloud is green). Already had a bullish TK cross.
-Bullish hidden divergence.
-RSI at a decent level considering Bullish trend.
Things to consider - ETH/BTC chart doesn't look good. That can be a result of Bear reason+ Sudden Bitcoin run.
Please leave a like if you agree and feel free to comment if you have some other opinion.