Buy the Dip, ETH

٢٦ أبريل ٢٠١٨

Daily
Looking over at our trend timeframe we can see price is respecting our uptrend.
Yesterday price came as low as $575, today we fell towards $600 zone and bounced nicely. No signs on daily for entry, Stochastic RSI showing momentum is bearish.


4Hour
Shifting over to our pattern timeframe we can support @ $625.
Momentum slowing starting to head towards upside.
No clear signs for entry.


Hourly
Lastly looking over at our trigger timeframe we can see a higher low was formed.
Price is looking to form a higher high, breaking out of triangle. A hourly close above triangle activates our trade.

Conclusion
Wait four higher high/breakout of triangle on hourly.

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