ETH very likely to continue to go up in short term and mid term

2 thg 11, 2020

In the 1W timeframe the green line is going to the side in this new current candle and gives us the appearance of a potential bounce off the red line that we have seen in the 9D TF earlier. In the high TFs we are clearly still in bullish sentiment and will likely to continue to move up as the mid TFs (1W-9D) appear to be bullish with a lot of room to go. In the low TFs we see that the green line and the white energy are going back up along with price out of a mini correction phase we have had in the past 2 weeks or so. It is highly likely that we will continue to see upside move in ETHUSD.

I mark this analysis as LONG, as I believe that we still continue to see great upside potential in ETHUSD in both the short term and the mid term.



First indicator is from user @WyckoffMode.