Price diverged with RSI and MACD indicators and it gives us a trend reversal signals. RSI confirmed price reversal from 140.00 support level . MACD confirms upward movement. DMI 1.12% shows trend market conditions and falling ADX line allows open long trades. We have buy opportunity and it could be good levels for opening long trade. But don't forget that Segwit makes Bitcoin and other markets more unpredictable. The markets have potential for downward movement to lower support levels. Any way, if you decide to build positions in long term, these levels can be good for buying. But you must use small trading volume and follow your money management strategies.
Thanks for the technical confirmation the ETH is a great buy at these levels.
but be careful cause BTC segwit can effect technical thing
BTC and ETH should not be linked when looking to buy or sell. They are 2 different things. When people get that we will all be better off.
To Donate :)
BTC Wallet - 1KmQv2oDbnGMwZG1Wcxy9P216Te8jLm6QW
ETH Wallet - 0xDd464328A8dB6424C3C09E21c767c086245F0145
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