ETHUSD: Upward Pressure to $464 Potentially for Near Term

Hi Everyone! B-Bands still tightening in the 6-Day Time Frame. They are not wanting to expand just yet in the 6-Day. We need to see the 2-Week "close" with Red RSI making contact with Green Line "while" the Green Line is going up to "confirm" a chance for upward pressure to continue. We have a "NEW" 2-Week candle beginning November 9, 2020. In the meantime, we have a chance for the price action to push up to the Aqua/Orange Upper B-Band in the 6-Day. The Aqua Upper B-Band is currently at $464.00. We're not quite ready for "Alt-Season" just yet... Let's see what we get in the next 2-Week Candle. I'm remaining "Neutral" on this one until we see what we have inside the indicators on the next 2-Week candle beginning November 9, 2020.

Happy Trading and Stay Awesome!

David

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6-Day Time Frame:

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