ETH Monthly Long
Observation:
- The RSI (4 hrly) is currently well above the 55 level (60%)
- MACD is in the bullish zone
- Important resistance levels:
$250 and $255
- Important support levels:
$230 and $235
- Major resistance zone:
$290 to $300
- Healthy pullback over the weekend
- Volume selloff lower over the weekend
Summary:
All positive signs indicating more upside movement to come towards $250.
Maximum movement for this bullish run is $300 before reversal.
** Note **
New format with split screen and I'm using a wide screen to fit in more details.
Still experimenting as to how to present information compared to others.
Please like and\or provide comment on the format and your observations as I don't want to spend too much time writing.
I want to be able to deliver quick points while using the charts to explain without much wording.
Reference:
Yellow dotted to show support levels
Red dotted to show resistance levels
Hard lines to show major resistance or support levels or zones.
- The RSI (4 hrly) is currently well above the 55 level (60%)
- MACD is in the bullish zone
- Important resistance levels:
$250 and $255
- Important support levels:
$230 and $235
- Major resistance zone:
$290 to $300
- Healthy pullback over the weekend
- Volume selloff lower over the weekend
Summary:
All positive signs indicating more upside movement to come towards $250.
Maximum movement for this bullish run is $300 before reversal.
** Note **
New format with split screen and I'm using a wide screen to fit in more details.
Still experimenting as to how to present information compared to others.
Please like and\or provide comment on the format and your observations as I don't want to spend too much time writing.
I want to be able to deliver quick points while using the charts to explain without much wording.
Reference:
Yellow dotted to show support levels
Red dotted to show resistance levels
Hard lines to show major resistance or support levels or zones.
Nota
More details; Nota
ETH Long term chart (weekly candles)
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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