WyckoffMode

Ethereum Continues to Look Bullish in the 3-Day Time Frame

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WyckoffMode Atualizado   
POLONIEX:ETHUSDT   Ethereum / Tether USD
Posting the 3-Day chart again just incase Trading View's platform scrunches up the cover chart of this publication. Here's the 3-Day for it to be viewed the way I see it on my monitor:


More charts (updates) will continue...
Comentário:
That 3-Day Chart (above) is for LONG term. The 2h TF for the NEAR term looks similar to BTCUSD. I posted a 2h chart on my most recent BTCUSD publication in comments section.

2h:

Comentário:
2-Day TF Update with added remarks regarding Preliminary Support and the Phoenix TSI Short Cycle indicator.


3-Day TF:

Comentário:
By the way, since the Phoenix ARI is still neon green in the 3-Day TF and continuing upward; that could suggest the Phoenix ARI and Stochastic RSI will remain above the 80% level for a longer period of time in the 2-Day TF as I suggest.
Comentário:
UPDATE using the 2-Day TF... Note the two (2) price points to identify a price RANGE I'm expecting this current Automatic Rally to reach peak exhaustion.

Comentário:
3h TF:


90m TF:


24h TF:


2-Day TF:


3-Day TF:

Comentário:
Made some adjustments with Preliminary Support and Potential Price Range if we manage to do one more leg up. REMEMBER: The lower time frames (90m and 3h) are showing potential for reversal to upward pressure in the near term to have one more leg up potentially.


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