ETHUSD – MACD Double Bottom

Ethereum / U. S. Dollar KRAKEN:ETHUSD

Bixley

Currently the MACD on ETHUSD is well below 0. This needs to be corrected.
A double bottom formation both on price but more evident on the MACD indicator will lead to a recovery in price and also the MACD . The Monthly MACD is well above 0, and does not fit with this current Weekly state.

You might be interested in …

Trading View March 5, 2022

Crypto industry seeks to educate, influence US lawmakers as it f

Crypto industry seeks to educate, influence US lawmakers as it f Bitcoin / U.S. dollar BITSTAMP:BTCUSD monicaagrizzi9 Much like other activity in the digital asset space, crypto lobbying has been picking up during the past […]

Trading View April 17, 2022

Time for a Macro Spank Move

Time for a Macro Spank Move SPANK / Wrapped Ether (0x02c62…83740) SUSHISWAP:SPANKWETH bryptobro Historically this project pumps a few times a year due to the fact it has ETH devs and innovates in the NSFW […]

Trading View March 25, 2022

BTC decision time

BTC decision time Bitcoin / U.S. dollar BITSTAMP:BTCUSD Babenski BTC / USDT BTC is testing the same resistance between 45k-46k for the 5th time .. In general , buyers start to print bullish signs in […]