ETH 4k+
Diupdate
- eth has been going crazy since its break out of the 5 month channel that started in the beginning of January
- as you can see on the chart, eth was in a wedge accumulating for about 5 days. we finally broke it and respected 3616 level, which was the swing high of the wedge
- we closed above a smaller time frame valley and retested 3616 level which was a indication of a move up for me
- right now we are currently in the white zone, and I believe a hold of 3616 will continue my bias on being bullish. if we lose support we will drop to the next trend which is around 3600 area.
-will update as time goes on. these are just my thoughts, thanks
-here on the 4h time frame I believe is to be another channel created. you can see when it closed under it was also acting as resistance, then after closing above it, the channel was being respected and looks to be accumulating inside it, until now it seems it has broken above it. 4K+ IS COMING SOON
- as you can see on the chart, eth was in a wedge accumulating for about 5 days. we finally broke it and respected 3616 level, which was the swing high of the wedge
- we closed above a smaller time frame valley and retested 3616 level which was a indication of a move up for me
- right now we are currently in the white zone, and I believe a hold of 3616 will continue my bias on being bullish. if we lose support we will drop to the next trend which is around 3600 area.
-will update as time goes on. these are just my thoughts, thanks
-here on the 4h time frame I believe is to be another channel created. you can see when it closed under it was also acting as resistance, then after closing above it, the channel was being respected and looks to be accumulating inside it, until now it seems it has broken above it. 4K+ IS COMING SOON
Komentar
prediction on move within current wedge
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