thecryptochart

CRYPTO #ETHUSDT - Support resistance flip order block. Get long

Long
BITSTAMP:ETHUSD   Ethereum
CRYPTO #ETHUSDT - Support resistance flipped an order block on the back end of a bull flag. RSI is higher so looking good. STO has bottomed out. High probability setup for good outcome.

Volume is dropping.

RSI is higher at 50 so selling strength is weakening.

STO has bottomed out at 28 so good time for a bounce.

Current Price 3,280.

Stop Loss 2,990.

Target 1 is 3,990.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.