ETH - MULTI TIME FRAMES
M1 : High volatility showing a kind of Doji pattern in progress
with long shadows !!!
W1 : Currently below the weekly pivot level of 2950 and below TS.
D1 : Clouds support zone under attack, still above the former support
trend line..for the time being !
H4 : Currently roughly in the middle of the clouds resistance area; MBB under attack !
H1 : In a ongoing downtrend channel and in the middle of the clouds, below the middle
of the downtrend channel line !
M30 : Levels to watch 2630 and 2910
M15 : The trend is your friend.Watch the clouds
M5 : Watch the clouds too
CONCLUSION :
WATCH 2630 AND 2910 AS A BREAKOUT OF ONE OF THOSE LEVELS WOULD TRIGGER A 300-400 POINTS
TARGETING RESPECTIVELY 3000 ON TH UPSIDE AND 2300 ON THE DOWNSIDE (EXPECTED)
with long shadows !!!
W1 : Currently below the weekly pivot level of 2950 and below TS.
D1 : Clouds support zone under attack, still above the former support
trend line..for the time being !
H4 : Currently roughly in the middle of the clouds resistance area; MBB under attack !
H1 : In a ongoing downtrend channel and in the middle of the clouds, below the middle
of the downtrend channel line !
M30 : Levels to watch 2630 and 2910
M15 : The trend is your friend.Watch the clouds
M5 : Watch the clouds too
CONCLUSION :
WATCH 2630 AND 2910 AS A BREAKOUT OF ONE OF THOSE LEVELS WOULD TRIGGER A 300-400 POINTS
TARGETING RESPECTIVELY 3000 ON TH UPSIDE AND 2300 ON THE DOWNSIDE (EXPECTED)
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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.