Ethereum-dollar
ETH/USD keylevels to watch in 1-hour timeframe (for short-term)Here are the main keylevels to watch if the price of ETH/USD goes on being uptrend, for short-time investors (hourly).
I think that the price will go on being uptrend.
The lagging span line still has to get over the cloud in 1-hour timeframe, in order to have a first confirmation of the potential uptrend.
There are also obstacles in higher timeframes, mainly the daily one.
ETH/USD over the cloud in 4h-timeframe and in the cloud in dailyETH/USD price has got over the Ichimoku cloud in 4-hour timeframe.
One has to wait for the Chikou Span Line (aka Lagging Span Linge) to get over all the obstacles that are over it for now (Tenkan Sen Line, Kijun Sen Line, Kumo Cloud, Price itself).
If the Chikou Span Line / Lagging Span Line gets free in daily timeframe then that would be a good confirmation of the up-trend.
Ethereum Dollar: ETHUSD Carefiul Here!Ethereum/Dollar ETHUSD
Straining against resistance from the old hgh at 420. Be very
careful here. The range between the two blue lines is full of
whipsaw. Take Profits or short from the top, with stop above
the top blue line, looking for support again at the lower blue
line. Only go long again on a break above the top line,
supported by successful retest