Trading idea number C-012 | Ethereum may rise to to 1,800 USD area.
The RSI is below 50, while the MACD is above its signal line and negative. This shows an oversold phase, with price is below the 20- and 50-period moving averages. Prices seem to be trying to hold the USD 1,600 area. Finally we find a positive divergence average.
📈 Long Entry at 1,615
💰 Take Profit at 1,800
💸 Stop Loss at 1,520
The RSI is below 50, while the MACD is above its signal line and negative. This shows an oversold phase, with price is below the 20- and 50-period moving averages. Prices seem to be trying to hold the USD 1,600 area. Finally we find a positive divergence average.
📈 Long Entry at 1,615
💰 Take Profit at 1,800
💸 Stop Loss at 1,520