Ethereum - Good time to consider buying ?
Ethereum is taking support of trendline.
20 DMA below price level. Could be a good support until broken.
If 20DMA broken, then we may need to reconsider buying level.
If day's candle closes above previous day high, then its a buy.
RSI is approximately >60
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
20 DMA below price level. Could be a good support until broken.
If 20DMA broken, then we may need to reconsider buying level.
If day's candle closes above previous day high, then its a buy.
RSI is approximately >60
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
Note
Etherium moved 12% since this analysis was posted.more to come . . .
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