Caution Bullish
Yesterday ETHUSD pair Hit 115 day log MA(Volumn small), then starting profit taking dump.
(last time when price hit 115 day log MA is around 26th Auguest, 2022, then dump)
This profit taking dump hit several stop orders.
Market buyers's stop orders kill buyers.
Let's observe will uptrend pattern be terminated or not.
Now price is around 700 days and 750 days log MA.
If recent range trading is around 115 to 750 DAY log MA
Then, Caution to go long.
(last time when price hit 115 day log MA is around 26th Auguest, 2022, then dump)
This profit taking dump hit several stop orders.
Market buyers's stop orders kill buyers.
Let's observe will uptrend pattern be terminated or not.
Now price is around 700 days and 750 days log MA.
If recent range trading is around 115 to 750 DAY log MA
Then, Caution to go long.
Note
Pin Pattern
Note
Note
a back test Green Zone area is expected.
Note
The speed of Breakthrough 110 days log MA faster than what I expected. Trade Close
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.