Price and volume actions suggest Ether capitulation. There have been few times this daily volume has occurred. Previously, such volume indicated
(1) market turn of bear markets
(2) appearance of Preliminary Supply during distributions in bull markets.
To confirm, tomorrow (Thursday September 13th) needs to close with
(a) GREEN volume
(b) above 20MA.
(1) market turn of bear markets
(2) appearance of Preliminary Supply during distributions in bull markets.
To confirm, tomorrow (Thursday September 13th) needs to close with
(a) GREEN volume
(b) above 20MA.
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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.
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.