Hi Everyone! Based on what I'm seeing in the higher time frames, ETHUSD appears to be on the verge of a MAJOR Bull Cycle! The 3-Week Time Frame is currently looking VERY bullish. If we can manage to CLOSE the "current" 3-Week candle with the Red RSI currently making contact with the Green Line WHILE the Green Line is going up, this will be VERY BULLISH FOR ETHUSD. The next 3-Week Candle begins November 16, 2020. You may want to seriously consider dollar cost averaging NOW to November 16, 2020. This publication is labeled a LONG position based on what I'm seeing in HIGHER TIME FRAMES. Do NOT assume I'm saying to open a long position without considering lower time frames for entry.
Happy Trading and Stay Awesome!
David
Happy Trading and Stay Awesome!
David
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UPDATE:
More details on the 3-Week time frame:
More details on the 3-Week time frame:
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UPDATE:
In the video; I thought today's date is November 11, 2020; when it is in fact November 10, 2020. My bad....
In the video; I thought today's date is November 11, 2020; when it is in fact November 10, 2020. My bad....
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UPDATE:
Weekly Time Frame:
Weekly Time Frame:
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UPDATE:
"ETHUSD: A Couple of Quick Things to Point Out in 3-Week & 3-Day." (5 minute video)
"ETHUSD: A Couple of Quick Things to Point Out in 3-Week & 3-Day." (5 minute video)
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UPDATE:
This may be premature but I've added a few Aqua circles to point out potential targets in the Weekly.
This may be premature but I've added a few Aqua circles to point out potential targets in the Weekly.
3-Day Time Frame: