Hi Everyone! Based on what I'm seeing in the higher time frames, ETHUSD appears to be on the verge of a MAJOR Bull Cycle! The 3-Week Time Frame is currently looking VERY bullish. If we can manage to CLOSE the "current" 3-Week candle with the Red RSI currently making contact with the Green Line WHILE the Green Line is going up, this will be VERY BULLISH FOR ETHUSD. The next 3-Week Candle begins November 16, 2020. You may want to seriously consider dollar cost averaging NOW to November 16, 2020. This publication is labeled a LONG position based on what I'm seeing in HIGHER TIME FRAMES. Do NOT assume I'm saying to open a long position without considering lower time frames for entry.
Happy Trading and Stay Awesome!
David
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3-Day Time Frame:
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More details on the 3-Week time frame:
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In the video; I thought today's date is November 11, 2020; when it is in fact November 10, 2020. My bad....
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Weekly Time Frame:
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"ETHUSD: A Couple of Quick Things to Point Out in 3-Week & 3-Day." (5 minute video)
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This may be premature but I've added a few Aqua circles to point out potential targets in the Weekly.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.