ETH Weekly Short to $1215 based on KC, BB, and Log Curve. More Detailed Information Enjoy!
ETH Daily ETH currently shows a daily BB lower band of 1160, which lines up with the lower boundary of the middle green zone of the ETH log curve. Additionally, ETH on daily is showing the lower KC band of 1340 which lines up with the upper boundary of the middle green zone of the ETH log curve. SRSI has fallen daily under 80 into the middle channel. TTM...
ETH on the larger 3W or Monthly timeframe shows a similar pattern to late 2018 on the Log Curve. If the ETH 2018 log curve pattern repeats we could be looking at ETH reaching the lower green zone of $800 to $900. Currently, the MACD shows a continued market decline with a red histogram. Likewise, the TTM Squeeze histogram shows continued market decline also with a...
BTC Log Curve Zones for those who don't already have it.
ETH Log Curve Zones for those who don't have it already.
ETH daily showing signs of the retrace to 100 MA ($3.8k) support prior to continuation upward north of $4.5k. - TTM Squeeze shows the daily market cycle is still in decline and has yet to hit its bottom. - ETH will need to flip $4.5k for support in the short term to avoid retrace to as low as $3.8k (100 MA). - Wave trend showing early repeat signals of a...
Daily shows squeeze on, indicating the Bollinger Bands are within 1.5 of the Keltner channel, and market pressure is building. The squeeze histogram is approaching zero in a continued positive trend. ADX is equal to or lower than 20, which indicates low volatility on the daily timeframe. Combining the squeeze with the low ADX indicates pressure is strongly...