Hello everyone, Yesterday Ethereum bounced on an important support, which means that it could go higher. The RSI is Low, and we can observe a breakout which will be confirmed at the end of the day.
However, the Bollinger Bands 35 and the Moving average 25 are bearish, i'll personnaly wait for a RSI breakout confirmation to begin to get in, and wait for BB and MA to get bullish to consolidate and achieve my investment.
-- Signals : - Low RSI with coming breakout - Bounce on big support --
Thank you for reading, and trade safe !
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.