EthereumTelah dikemas kini Eth Hammer reversal and short-term long opportunity
Eth has taken a beating lately and is now below where it was last June while BTC is still up nearly 4x YoY, and biggest competitors EOS and Stellar are actually positive for 2018 as well as 2017.
However, curiously, whenever RSI forms a v shaped low below 36, a rebound of at least 17% - although progressively smaller - has taken place a median two days later. This bullish hammer presents an opportunity to scalp potentially 10%+ with a long, and at 25x leverage, that's 250% ROE on the new Bitmex futures. If a breakout occurs, even better. If not, close at the top of the range and walk away.
However, curiously, whenever RSI forms a v shaped low below 36, a rebound of at least 17% - although progressively smaller - has taken place a median two days later. This bullish hammer presents an opportunity to scalp potentially 10%+ with a long, and at 25x leverage, that's 250% ROE on the new Bitmex futures. If a breakout occurs, even better. If not, close at the top of the range and walk away.
Nota
As much as today's Bitcoin dump came as a surprise for many, Ethereum is STILL above the double bottom level, and it has proven to be far more resilient than Bitcoin in this dump. This should still rocket up from here once the market stabilizes.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.