ETHUSD 12/1/2020
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Technical Analysis
Majority of the time frames favors the bulls with only one-time frame bearish 1HR.
Elliot Wave Forecast
First of all, the month of November 2020 closed in a very big bullish engulfing candle with a 59% gain for one month. There is a high likelihood of making extreme gain on December 2020. I think resistance is just temporary barrier for the price to moved up. There is a high probability that ETH has bottomed and seeking higher price.
1W
Bullish Convergence
1D
Bullish Divergence and Convergence
4HR
Likely to have a pullback before going up
1HR
Bearish Divergence
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
Technical Analysis
Majority of the time frames favors the bulls with only one-time frame bearish 1HR.
Elliot Wave Forecast
First of all, the month of November 2020 closed in a very big bullish engulfing candle with a 59% gain for one month. There is a high likelihood of making extreme gain on December 2020. I think resistance is just temporary barrier for the price to moved up. There is a high probability that ETH has bottomed and seeking higher price.
1W
Bullish Convergence
1D
Bullish Divergence and Convergence
4HR
Likely to have a pullback before going up
1HR
Bearish Divergence
________
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
הערה
Focused on Weekly and Dailyהערה
Other TAs;
הערה
I short
כתב ויתור
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.
כתב ויתור
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.