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.
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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.