ETH 4HR_analysis with technical indicators
ETHUSDTHAPPY NEW YEAR!! This is JJ CHEN, a member of the team "MATE".
MATE is a team dedicated to the development of indicators and automatic trading robots.
Today I just wanna have a simple analysis just by Triple-in-One indicator.
--------------------------------------------------------------------------------------------------------------------
Review:
As you see, if you use Triple-in-One indicator to help you trade, you can make very good profits in the past two months.
We can see a LONG signal has appeared one day ago in LS_sig indicator.
Just now ETH rose by about 2% !
By Using Triple-in-One indicator, it's no longer difficult to buy ETH before it rises.
---------------------------------------------------------------------------------------------------------------------
We can see that LS_AUX and LS_Main have already entered oversold area. Moreover, GOLDEN CROSS has occurred in LS_Main.
After that, ETH started to rise.
In my opinion, it's possible that ETH falls to form a double bottom. However, I don't think the possibility is high.
We can keep holding ETH until LS_AUX and LS_Main enter overbought area.
-------------------------------------------------------------------------------------------------------------------------------
Using a good technical indicator to assist trading can save your time and help u increasing the winning rate!
If u don’t have time to do technical analysis yourself, u can also rely on the indicators to trade.
Pls let me know if u are interested in our Triple-in-One indicator! ><
If u like my analysis, I would be glad if you share your opinion on this post's comment section and hit the like button.
Wish you all have a great time at the end of 2021 :D
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.