EthereumLong
Oversold Ethereum To Bounce Back To EMA10 or Higher ($2,222)
We are looking at Ethereum (ETHUSD) on the weekly timeframe and this pair is oversold.
The RSI hit its lowest level in a long while.
While we looked at many different signals recently that support a relief rally, we will keep it simple for this one.
As ETHUSD tested MA200 as support, it needs to bounce back now and test EMA10 in the least at $1864 or higher before any new lows.
We will see Ethereum move to ~$1850, ~$2,222 and beyond.
Namaste.
The RSI hit its lowest level in a long while.
While we looked at many different signals recently that support a relief rally, we will keep it simple for this one.
As ETHUSD tested MA200 as support, it needs to bounce back now and test EMA10 in the least at $1864 or higher before any new lows.
We will see Ethereum move to ~$1850, ~$2,222 and beyond.
Namaste.
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
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