Missed the ETH Move to 1.1k? This is the plan for you! COINBASE:ETHUSD
Summary
Stocastic and RSI bearish divergences make great buy in areas for major retracements on a strong chart in an uptrend.
RSI and Stochastic Bearish Divergences observes on ETH 4hr Chart
ETH is without a doubt both strong and in an uptrend
$850-$900 is a great area to add more or buy into ETH
I used this method to set limit buys for the last major retracement and it worked very well for me.
Good luck!
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1/8 Update: ETH retraces to the very end of the Bearish Divergence at $950 and bounces.
I still feel it needs to move lower to fully correct the Bearish Divergence. If you look below, the Bearish Divergence still exists, although slightly less severe now.