ETH - MULTI TIME FRAMES - AT A GLANCE - WARNING !
M1 : Ongoing bearish price action.
Low seen so far @ 1'888. Currently below
TS and KS.
W1 : Mid Bollinger Band (@ 2022) has briefly been reached,followed
by a corrective move only. Ongoing black candle is VERY BEARISH and a
failure to close today above the weekly pivot level @ 2950 would confirm
further downside in the cards for the upcoming session (s)
D1 : Bottom of the clouds support zone has already been tested several times.
Today's closing level would be very important too, as a failure to hold above the clouds
would also confirm further downside towards the former low @ 1888 ahead of 1723 (61.8% Fib ret of
the 86.00 - 4372 rally). It does not smell good !!!
H4 : Ongoing downtrend, below the clouds and below the cluster (KS, MBB and TS)
Currently testing the ongoing support trend line...
H1 : Below the clouds and the cluster, Watch the clouds !
M30 : Same than H1
M15 : Same than H1 and M30. Watch also the clouds
M5 : Watch MBB (@ 2'280) as a very short term indicator for a very short term corrective (only !) recovery
Ironman8848
Low seen so far @ 1'888. Currently below
TS and KS.
W1 : Mid Bollinger Band (@ 2022) has briefly been reached,followed
by a corrective move only. Ongoing black candle is VERY BEARISH and a
failure to close today above the weekly pivot level @ 2950 would confirm
further downside in the cards for the upcoming session (s)
D1 : Bottom of the clouds support zone has already been tested several times.
Today's closing level would be very important too, as a failure to hold above the clouds
would also confirm further downside towards the former low @ 1888 ahead of 1723 (61.8% Fib ret of
the 86.00 - 4372 rally). It does not smell good !!!
H4 : Ongoing downtrend, below the clouds and below the cluster (KS, MBB and TS)
Currently testing the ongoing support trend line...
H1 : Below the clouds and the cluster, Watch the clouds !
M30 : Same than H1
M15 : Same than H1 and M30. Watch also the clouds
M5 : Watch MBB (@ 2'280) as a very short term indicator for a very short term corrective (only !) recovery
Ironman8848
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.