4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

Analysis # ETHEREUM

USD 23:30 hrs -3 UTC.
2 TF: 1 H: 60 - 4H: 240.
Reliability: High.

TF 1:

ADX indicates a strong uptrend, marking levels above 20, in the RSI and STOCH indicators, it indicates levels of over-purchase in 75-80.

23847444_10213470513170612_5439284581101996764_o.jpg

TF 4:

ADX indicates that the strength of the uptrend from 20 to 35 is reaching its resistance (Violet Line), if it breaks the line of resistance in ADX, it could mean an increase in the uptrend and as a consequence raise a few usd more its price (Subject to another analysis later)

23845000000000013293115_4078311526521008557_o.jpg

In summary there will be an ETH price correction between the 417USD to 410 USD. (This scenario could change with Fundamental analysis (Important news)).
It is not recommended to enter Long term, only short.

2 upvotes $0.00

Replies (0)

Conversation

No replies yet

Replies will appear here as people join the conversation.

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: