Ethereum
Long

ETH - Potential Bullish Signs (Weekly)

ETH forming some potential bullish signs on the weekly chart. These can take a few months to play out. We would like to see a bullish cross on the 21SMA and 50SMA. We would like to see the continuation on the stochastic RSI cross. We would like to see a break over the white trendline in the 3100 range. Lets see if the bullish hammer candle is in play with that long wick that was bought up in this past weekends sell off, closing Sunday. I would keep a tight stop loss around the 200SMA (Yellow).

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