ETHUSD (4h) MA50 holding. Channel Up preparing a new rise.

12月13日

Ethereum is trading inside a Channel Up and for the past 2 days it is holding the MA50 (4h) as Support after breaking over it.
This has validated the start of the new bullish wave. The previous increased by +34.70%.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 4600 (almost +34.70% rise from the recent Low).

Tips:
1. The RSI (4h) rebounded from the 30.00 oversold level and is now pulling back. A sign that this consolidation is giving a buy signal again.

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Notes:
Past trading plan: