ETH remains Boolish =)
I have marked structure so you can see we are still Boolish (Bullish with a fun accent) on the 1 Hour timeframe; from a 1H perspective.
With that in mind, we will have to make a new Highest High on this timeframe before we could even consider looking for reversal signals or pull back plays.
This is not a "triple top" from my perspective, this is a standard horizontal channel of brief consolidation before continuation. Same goes for BTC.
Once price touches the Orange MA in the 1H, keep an eye on the 5 and 15 Minute charts for a bullish confirmation and jump in in or around that area.
Leave any questions in the comments, interaction is better than yelling into the void. Cheers.
With that in mind, we will have to make a new Highest High on this timeframe before we could even consider looking for reversal signals or pull back plays.
This is not a "triple top" from my perspective, this is a standard horizontal channel of brief consolidation before continuation. Same goes for BTC.
Once price touches the Orange MA in the 1H, keep an eye on the 5 and 15 Minute charts for a bullish confirmation and jump in in or around that area.
Leave any questions in the comments, interaction is better than yelling into the void. Cheers.
Nota
We have made contact with the lower level of the channel. Pretty strong rejection there. Let's see what happens...I have kettle corn, anyone for Movie Theater Butter?
Nota
On lower TF I am expecting one more small push down and then retreat from the lower edge of this 1 Hour channel. Still Bullish on the 1H.Nota
We have a bearish confirmation on 1H. Trend is now temporarily bearish. Wait for a good setup and let loose.Good luck.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.