ETHUSD - Trend pause or trend reversal
تم تحديثه
Similar although not as bullish as my previous idea (link in related ideas below), ETHUSD's weekly candle has closed as a small indecision HA candle.
This usually means either a need for a pause of the current trend, in this case bearish, or the beginning of a trend reversal.
Given the early signs shown in other alts of indecision or beginning of trend reversals I'm leaning cautiously bullish.
A solid green weekly HA bar for this week would confirm the trend reversal and hopefully the beginning of a new rally.
This usually means either a need for a pause of the current trend, in this case bearish, or the beginning of a trend reversal.
Given the early signs shown in other alts of indecision or beginning of trend reversals I'm leaning cautiously bullish.
A solid green weekly HA bar for this week would confirm the trend reversal and hopefully the beginning of a new rally.
ملاحظة
As mentioned last week we needed a solid green weekly HA bar to confirm the trend reversal and that is exactly what we got. Currently in the smaller time frames we can see a pullback starting to take place. We have multiple support zones all the way down to 185-180 support zone which would be the key one to hold in order for the structure to remain bullish.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.