Technical analysis by TorchBay about Symbol ETH: Buy recommendation (6/12/2021)
https://sahmeto.com/message/2747378
TorchBay
Rank: 7612
Analytical Power:
1.5
Comparing todays 4hr chart vs 2017's "First big drop" chart. Look at the similarities. Today's RSI is not as strong as in 2017's, but still expecting a bull continuation by the monthly close. Waiting for the 50/200 MA cross before long confirmation.4 hr 50/200 MA cross just happened.
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$2,372.48