ETH/USDT 4H analysis

12 באוק׳ 2020

ETHUSDT
Hello everyone.
As we can see :
- Bearish crossover on MACD
- EMAs are catching the trend
- BBs basis is supporting trend on 2H time frame
- DOJI recently
- Stochastic RSI is in overbought zone
- Bullish flag formed
- RSI is forming a divergence on chart

When we have a bullish flag it similar to have more mounts, but our analysis based on technical indicators and it means that we have to retest support.
Also if divergence formed it could be end of our bullish trip.
As I said into my BTC/USDT analysis I will wait until tomorrow for any confirmation...
Here is my BTC/USDT analysis for more vision :

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades