Dear viewers,
Please Support me if This is helpful and Hook back with the Question and Comment if there is any .
Regarding ETH situation Which is going to sideway and resting after 5th wave pomp which gain almost 1100$ in top
in less than even 2 weeks, I was all the way worrying about the full ,supply and demand which is the key asset to keep going upward and bridging the next boundary, finally it comes to the moment that The ETHER needs to recharge.
As we can see in the chart there is a channel which changed the shape 4 times since the end of the AUG and maced and CCI are showing us all the bearish in 1HD Chart as well as 4HD Chart, we will have some small corrections until the middle of the coming week and from there we can see the open range to the ATH.
Indicators Pivot is showing the correct and strong resistant and Support area and for more specific price line you can use the FIB Retracement, which is friendly and showing all the possible HH and LL in the particular time which you use and may be helpful ,
at this moment ETH manages to break out the Chanel in HD chart and if it makes the To create the red candle out of the Channel it will go to Down town to visit 3750 and 3845 and if its manage to go deeper which i don't think that is the case it will visiting ,
Somewhere around 3400 and 3500.
always trade as your decision and stay tune for update .
MACD-MA20-MA50-PIVOT CLASSIC -VOLUM-RSI-CCI ARE THE MUST USEDFULL INDICARORS WHICH ARE USED TO THIS CHART .
Good weekend
Please Support me if This is helpful and Hook back with the Question and Comment if there is any .
Regarding ETH situation Which is going to sideway and resting after 5th wave pomp which gain almost 1100$ in top
in less than even 2 weeks, I was all the way worrying about the full ,supply and demand which is the key asset to keep going upward and bridging the next boundary, finally it comes to the moment that The ETHER needs to recharge.
As we can see in the chart there is a channel which changed the shape 4 times since the end of the AUG and maced and CCI are showing us all the bearish in 1HD Chart as well as 4HD Chart, we will have some small corrections until the middle of the coming week and from there we can see the open range to the ATH.
Indicators Pivot is showing the correct and strong resistant and Support area and for more specific price line you can use the FIB Retracement, which is friendly and showing all the possible HH and LL in the particular time which you use and may be helpful ,
at this moment ETH manages to break out the Chanel in HD chart and if it makes the To create the red candle out of the Channel it will go to Down town to visit 3750 and 3845 and if its manage to go deeper which i don't think that is the case it will visiting ,
Somewhere around 3400 and 3500.
always trade as your decision and stay tune for update .
MACD-MA20-MA50-PIVOT CLASSIC -VOLUM-RSI-CCI ARE THE MUST USEDFULL INDICARORS WHICH ARE USED TO THIS CHART .
Good weekend
