ETH more likely to fall back down?
Diupdate
Cyber Ensemble sell signal triggered on the 3hrly.
BTC also looking weak atm:
However still need to wait for the breakup/down for confirmation and look at the macro timeframes.
IMO shorter timeframes doesn't predict price movement towards the end of a consolidation that well.
1D chart bullish in the longer term, but looks like it wants to come down to revisit 216-228 USD first.
i.e. could set 50% of the trading pool to catch a break up, and the other 50% to catch a break down at appropriate levels.
See previous analysis:
BTC also looking weak atm:
However still need to wait for the breakup/down for confirmation and look at the macro timeframes.
IMO shorter timeframes doesn't predict price movement towards the end of a consolidation that well.
1D chart bullish in the longer term, but looks like it wants to come down to revisit 216-228 USD first.
i.e. could set 50% of the trading pool to catch a break up, and the other 50% to catch a break down at appropriate levels.
See previous analysis:
Catatan
Updated chart:Found support finally?
PRISM Signals "Buy" signal triggered. Need to wait for candle close, and Cyber Ensemble "Buy" signal to trigger as well.
Acceleration/Jerk Oscillators looks like its about to turn around..
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