EthereumUpdated 2 possible development
Recently ETHUSD pair range between 12 days to 130 days MA.
Higher High and Lower High, a moderate bullish pattern.
Possible development for next week might be:
1) Green line: narrow range around 125 days MA for a while, then break 130 MA, and challenge 140 days MA
2) Blue arrow: backtest 110 MA, then challenge previous high (Said 140 days MA)
Let's see what pattern it will be developed NEXT.
Higher High and Lower High, a moderate bullish pattern.
Possible development for next week might be:
1) Green line: narrow range around 125 days MA for a while, then break 130 MA, and challenge 140 days MA
2) Blue arrow: backtest 110 MA, then challenge previous high (Said 140 days MA)
Let's see what pattern it will be developed NEXT.
Note
Possible Scenario 2
Note
Mixed with Scenario 1 plus 2
Note
Target Reached, Trade Closed.
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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.
Related publications
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.