馃毃 Alert ETH - trend line under pressure 馃毃

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ETH 4h.png

ETH short : trend line is under high pressure with...

  • Ishimoku : Tanken just crossed Kijun, Shiku Span over the cloud, price over the cloud, SSA positive and SSB flat (be careful, still range !)

  • Bollinger bands : range position

  • RSI : slightly positive with a lot of reserve in case of a new break up

  • MACD : slightly positive

ETH D.png

ETH daily : still evolving under the cloud and limited at the moment inside between Kijun and Tanken under downtrend configuration, but performed a double bottom before crossing the trend line 6 days ago. We may face some new climbs or a retest of the line before climbing (as we do not have a clear trend but more a range for now)

All taken in consideration, we must be careful but stay alert for the possibility of a new trend market coming in accordance with the end of holidays (people are now fully back to work and this is always accompanied with market evolution, positive or negative).

Stay tuned for any last minute news : https://t.me/BlessPatrickCryptoUpdate

馃毃 Alert ETH - trend line under pressure 馃毃 | Ecency