ETH

This is for LOLs
however it is noted that the current candle needs to turn around or it will signal continued down side

green arrow was my entry. first cross of downtrend line from 2018 high

Komentar:

I think the accurate term is reversal candle for DEC. 2021. the bar is not closed at this time, however, it has taken out last months lows and is looking to close under previous month open. time will tell. 4days left.
- to negate i believe the candle needs to close within the bar previous or ideally, green...
the tail shows buying interest. however at this time it is not a buy.
the other note of importance is this candle is printing at high point in the trend.

Komentar:

FEB 2018, JULY 2019, MAY 2021 HAVE SAME FEATURES AND WERE ALL FOLLOWED BY DOWNSIDE FROM THE CLOSE
SEP 2020 and MAR 2020 ARE SIMILAR HOWEVER DID NOT LEAD TO CONTINUED DOWNSIDE

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ETH will be back again, some work to do ..

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so far it has played. potential bounce/bottom working... 1M has 17d to go