Looking at ETH on the Weekly chart
Currently we are in location, very close to the .886 fib
We did V bottom at $80 back in December 2018 so we could potentially see us re visit this area
Volume is dropping off so I would like to see who is driving the bus, bulls or bears?
Potential bullish divergence in the histogram
W%R is technically oversold and looks to be printing a "W"
OBV still looks ok
I wont be doing anything till I see some structure in price. I do not knife catch and there will always be an opportunity to participate in the market. I first want to see a floor created and hopefully a nice W to play the breakout.
If you like what I do, drop a like and consider subscribing. Thanks :)
Currently we are in location, very close to the .886 fib
We did V bottom at $80 back in December 2018 so we could potentially see us re visit this area
Volume is dropping off so I would like to see who is driving the bus, bulls or bears?
Potential bullish divergence in the histogram
W%R is technically oversold and looks to be printing a "W"
OBV still looks ok
I wont be doing anything till I see some structure in price. I do not knife catch and there will always be an opportunity to participate in the market. I first want to see a floor created and hopefully a nice W to play the breakout.
If you like what I do, drop a like and consider subscribing. Thanks :)