Technical analysis by SignalProvider about Symbol ETH: Buy recommendation (13 hour ago)

Please, check our technical outlook for ETHUSD.Time Frame: 1DCurrent Trend: BullishSentiment: Oversold (based on 7-period RSI) Forecast: BullishThe market is approaching a key horizontal level 2,430.15.Considering the today's price action, probabilities will be high to see a movement to 2,916.69.P.SWe determine oversold/overbought condition with RSI indicator.When it drops below 30 - the market is considered to be oversold.When it bounces above 70 - the market is considered to be overbought.Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.Like and subscribe and comment my ideas if you enjoy them!