EthereumUpdated Range Trading?
Recently it is Range trading between 3 days average (4 hour chart 80 bars average) and 250 days average(4 hour chart 1500 bar average).
Let's see which side is fake one?
Bias is in the long side.
Personal Record Only, not trading advise.
Let's see which side is fake one?
Bias is in the long side.
Personal Record Only, not trading advise.
Note
As per discussion, BLACK Friday.
Let's see if it is a inverted head, and the Inverted H&S development.
Note
Looking like yearly average(lime color curve) provide a temp support.
Note
Note
Yearly log curve(2160 X 4 hour(360 days) orange line) is a strong support.(Orange Curve)
Now 80x4 hours line become range support(3.5 days). (Black Curve)
Pressure is now the blue line(240X4 hours=40 days) (Blue Curve)
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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.