ETH (Ethereum) As a result of the chart review, * MACD(12,26,9): MACD: 27.05, DIF: -25.61, DEA: -52.67 * The MACD histogram (green bars in the lower section) has recently turned positive and is increasing. This indicates that bullish momentum is increasing. * The DIF line (blueish) is moving upwards towards the DEA line (pinkish) and is about to intersect or may have intersected (the visual is not completely clear). DIF crossing DEA upwards (MACD crossover) is traditionally considered a buy signal.
In this case, I definitely recommend opening a LONG position by determining an entry point between 2420 - 2450 and waiting for a target of 2,750. Because the target 2750 is seen as an important potential. I wish you good luck.
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#ETH
ETH (Ethereum) As a result of the chart review,
* MACD(12,26,9): MACD: 27.05, DIF: -25.61, DEA: -52.67
* The MACD histogram (green bars in the lower section) has recently turned positive and is increasing. This indicates that bullish momentum is increasing.
* The DIF line (blueish) is moving upwards towards the DEA line (pinkish) and is about to intersect or may have intersected (the visual is not completely clear). DIF crossing DEA upwards (MACD crossover) is traditionally considered a buy signal.
In this case, I definitely recommend opening a LONG position by determining an entry point between 2420 - 2450 and waiting for a target of 2,750. Because the target 2750 is seen as an important potential. I wish you good luck.