QubitLife

Ethereum: Analysis using Ichimoku 08/06/2020

Largo
BITSTAMP:ETHUSD   Ethereum
H4
The price has tested the Ichimoku cloud, pointing to a local correction. Visually, you can see the correction model in the form of a triangle.
RSI is in an undefined state.
Conclusion:
We recommend buying from a key Fibonacci level of 76.4%.
H1
The price is trading in the range, fixed above the downtrend line and the Ichimoku cloud. RSI is near the overbought level, which indicates the imminent start of a local correction for the formed initial impulse.
Conclusion:
We recommend buying from key Fibonacci levels of 61.8% and 50%.

Good luck!

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.