ETHO price upward movement

18. Juni 2021

Candlestick pattern on the chart indicates for bullish trend coming. Candlestick pattern "Inversed hammer" is a strong indicator of changing trends which combined with the bounce of RSI allows to think positively about price upward movement. New support ground at 0.1516$ also adds to the prediction. On the 1h chart you can see top levels expected to achieve by ETHO, based on previous sellers pressure at 0.21$. I've added SL and TP areas to illustrate my expectations, on which you can base your decision to enter the market. Enjoy!