Ethereum. Briefly. We hit the Local Resistance level (1270) and the Weekly Candle Close Level (1277). Buying is interesting on growth from these levels after retesting on smaller timeframes (for example, 3-hour). Points of interest for increasing position = ~1450 and ~1680. If buyers aren't strong enough to go above 1277, bears will try to lower the price to 1073 and 881.
Ranges*:
Weekly = 881-2030.
3-day = 1073-1750.
* Weekly or 3-day means candlestick extremes (high/high and low/low) for the specified periods (i.e. weekly timeframe, weekly candlestick). This does not mean that we have been in a range for a week, it shows what TF I used when designating the range.
Enhanced RSI script for newbies is here.
Like. Share. Subscribe.
Cheers.
Ranges*:
Weekly = 881-2030.
3-day = 1073-1750.
* Weekly or 3-day means candlestick extremes (high/high and low/low) for the specified periods (i.e. weekly timeframe, weekly candlestick). This does not mean that we have been in a range for a week, it shows what TF I used when designating the range.
Enhanced RSI script for newbies is here.
Like. Share. Subscribe.
Cheers.
