ETN on different TFs

11 de dez. de 2023

ETHUSD On the daily ETH chart, there were two strong reversal signals, "Drops", indicating that there's a strong seller present

Three days to close the long; there's overheating, and a reaction to it too. It needs time to cool down, which will take about 3-6 days.

ETH week, the growth hasn't finished yet. The impulse is on its way. So we need to watch for the reaction at 2100. It's very possible it could turn around there and continue growing.

The signal for ETH is not very good this month. Looks like a likely reversal.
On the buyer side there is a strong OB (order block).
If it reaches 1000, it will be a great place to buy.