ETHEREUM TECHNICAL ANALYSIS
vETHER TECHNICAL ANALYSIS
MY OBJECTIVE(S):
Immediate\temporary:
1. The daily structure on of ether is obviously bearish and its in a weak state right now and buyers are unwilling to buy at this level as its deemed expensive so short is the ideal option here.
2. On weekly basis we get a bearish flow which will potential change once we get a positive reaction on the demand zone.
MARCO TREND:
3. ETHER is still bullish structurally but a temporary shift made it seemed like its will rain hell which is currently switching from bearish flow into bullish flow so important levels are for potential buys BUT NOTE price is stiil at premium.
ETHER TREND
12MONTHS=====> BULLISH
6MONTHS =====>BULLISH
3MONTHS=====>BULLISH
1MONTH======>SSP(II)BEARISH
WEEKLY=======>SSP(II)BEARISH
DAILY=========>BEARISH
#REDFOXXX
MY OBJECTIVE(S):
Immediate\temporary:
1. The daily structure on of ether is obviously bearish and its in a weak state right now and buyers are unwilling to buy at this level as its deemed expensive so short is the ideal option here.
2. On weekly basis we get a bearish flow which will potential change once we get a positive reaction on the demand zone.
MARCO TREND:
3. ETHER is still bullish structurally but a temporary shift made it seemed like its will rain hell which is currently switching from bearish flow into bullish flow so important levels are for potential buys BUT NOTE price is stiil at premium.
ETHER TREND
12MONTHS=====> BULLISH
6MONTHS =====>BULLISH
3MONTHS=====>BULLISH
1MONTH======>SSP(II)BEARISH
WEEKLY=======>SSP(II)BEARISH
DAILY=========>BEARISH
#REDFOXXX
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.