As we can see in the chart, ETH has been trading at a significant area of support, currently MACD is flashing a Bullish Cross and a Bullish Divergence which indicated ETH will have a short term pump towards the diagonal resistance level at around 3082 We can open up a short term trade on it to gain some. But I believe, after we hit the resistance we might drop again below 2800, so make sure to take the profits off the table.#Gate.io Has Officially Partnered with Oracle Red Bull Racing #Which Altcoin ETF Could be Approved First? #BTC Market Trend Analysis
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
25 Likes
Reward
25
3
Repost
Share
Comment
0/400
Cryptoworldd
· 02-11 08:05
Bull Run 🐂1000x Vibes 🤑Bull Run 🐂HODL Tight 💪1000x Vibes 🤑Ape In 🚀DYOR 🤓
Signal Type : Long
As we can see in the chart, ETH has been trading at a significant area of support, currently MACD is flashing a Bullish Cross and a Bullish Divergence which indicated ETH will have a short term pump towards the diagonal resistance level at around 3082
We can open up a short term trade on it to gain some. But I believe, after we hit the resistance we might drop again below 2800, so make sure to take the profits off the table.#Gate.io Has Officially Partnered with Oracle Red Bull Racing #Which Altcoin ETF Could be Approved First? #BTC Market Trend Analysis