Some room for recovery.

Ethereum just tested MA50/W and is now likely to move towards resistance.
Unless BTC slumps again, of course.

1) trendline support
2) MA50/W support
3) Bullish divergence
4) RSI trending up, oversold Stoch RSI
5) Flattening MACD

Speculative trade, stop under 2900$.

Commento:

Rolling, but still fragile.

Have a stop, worst case in break even.
Never change a profit into a loss.

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Here it is:

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Watch BTC

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Next chapter:

Trade chiuso: obiettivo raggiunto:

Closing down as the interim move up predicted here was completed already on jan 13th.