#ETHUSD Consolidation Continues

٣٠ ديسمبر ٢٠١٧

Very clean price action- these lines draw themselves. Consolidation leads to big moves, as one side will be caught off-guard when the break occurs.

Noteworthy:
100EMA carry
Yellow price action range
Blue triangle consolidation pattern
Stochastics (momentum) still elevated

٣٠ ديسمبر ٢٠١٧

ملاحظة

Doji candles printing now. Breakout coming soon.

٣١ ديسمبر ٢٠١٧

ملاحظة

More and more this is looking like the beginning of the big "uncoupling" from Big Brother Bitcoin.

١ يناير ٢٠١٨

ملاحظة

Not a forceful break of the upper channel, but seeing the 20EMA start to carry price is bullish.