Tracking ETH through Ichimoku.

Words
99
Reading
1 min
Listen
Play
9y

Screenshot_20171023-155626.jpg

ETH has made a dash to cloud. Looking at the 6H chart, it's all cloudy. The TK cross takes place above the cloud, though that's a weak negative signal, cloudy is cloudy.

Screenshot_20171023-160203.jpg

Looking at the macro 1D scale, the scene is no better. The Kijun-sen is flat as the salt flats, attracting the price onwards it ( remember- a flat kijun-sen and a flat red kumo top acts as a price magnet). It remains to be seen if the price will fall below the kijun-sen at this scale. Hopefully it should bounce off the kijun-sen, failing which, the cloud.

Screenshot_20171023-155720.jpg

Tracking ETH through Ichimoku. | Ecency