Looking at ETH on the Weekly chart
Currently we are in location, very close to the .886 fib
We did V bottom at $80 back in December 2018 so we could potentially see us re visit this area
Volume is dropping off so I would like to see who is driving the bus, bulls or bears?
Potential bullish divergence in the histogram
W%R is technically oversold and looks to be printing a "W"
OBV still looks ok
I wont be doing anything till I see some structure in price. I do not knife catch and there will always be an opportunity to participate in the market. I first want to see a floor created and hopefully a nice W to play the breakout.
If you like what I do, drop a like and consider subscribing. Thanks :)
Currently we are in location, very close to the .886 fib
We did V bottom at $80 back in December 2018 so we could potentially see us re visit this area
Volume is dropping off so I would like to see who is driving the bus, bulls or bears?
Potential bullish divergence in the histogram
W%R is technically oversold and looks to be printing a "W"
OBV still looks ok
I wont be doing anything till I see some structure in price. I do not knife catch and there will always be an opportunity to participate in the market. I first want to see a floor created and hopefully a nice W to play the breakout.
If you like what I do, drop a like and consider subscribing. Thanks :)
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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.