ETHUSD - Not Strong at the Moment

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ETHUSD doesn't look nearly as strong as the other names, but I digress and let's see where this plays out. This 15-min Chart is simply elaborating on the current change in direction, highlighted by tagging the outside of the 50 period band @ 3.2 (again, 15-min time frame), and the downward slope of the lower band seems to be supporting this notion as well as some support and resistance areas - lots of noise going on.

To think otherwise would imply a crystal ball.

Let's see how it plays out - look at higher time frames. I'm presently sidelined on ETH.



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1 Hour Outlook Idea with a correction implied.
This is the 50 Period and 100 Period @ 1.2 Stand Deviation

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possible we get a bit of sideways trading for a bit while this compresses for a next move.

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15min chart: short term volatility/downward move (14 Bands) supported by the slope of 100 Bands with support nearby

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Re-enters 100 Band on the Time Frame, and reverts to the mean. See where it goes.