Recently ETHUSD pair range between 12 days to 130 days MA.
Higher High and Lower High, a moderate bullish pattern.
Possible development for next week might be:
1) Green line: narrow range around 125 days MA for a while, then break 130 MA, and challenge 140 days MA
2) Blue arrow: backtest 110 MA, then challenge previous high (Said 140 days MA)
Let's see what pattern it will be developed NEXT.
Higher High and Lower High, a moderate bullish pattern.
Possible development for next week might be:
1) Green line: narrow range around 125 days MA for a while, then break 130 MA, and challenge 140 days MA
2) Blue arrow: backtest 110 MA, then challenge previous high (Said 140 days MA)
Let's see what pattern it will be developed NEXT.
Comment:
Possible Scenario 2
Comment:
Mixed with Scenario 1 plus 2
Comment:
Target Reached, Trade Closed.
