The unclear indicators on the chart are the MACD hovering above 0 having already made a bullish run, and the Stochastic RSI stuck in the middle of the range. RSI itself still shows fairly bullish.
Personally, I feel like averaging in on ETH. Granted, I already have been averaging in due to the weekly chart, this potential new support on the 100 day, if it can hold can produce a run at the 200 day which is substantially higher.
DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
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