ETHUSD With Small Gains

ETHUSD CHART PRICE – ETHUSD DAILY

Ethereum has been on a small uptrend for the last 4 trading sessions, with the biggest gain being 1.82% and the lowest 0.14%, it’s hard to determine if this is a clear uptrend for the amount of the gains, we see a small rise on the Relative Strength Index and wide bollinger bands, so the explanation would be that the market is undecided, since there has been a good amount of volatility in the market for this pair, the price is getting closer to the Ichimoku cloud but with gains like the ones we’ve seen it could take to long for the price to enter the cloud, however it is about to cross the short term moving averages, indicating that there could be an uptrend.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.