ETHUSDT: Sideways at Worst; Upward at Best Till Mid February

Hi Everyone! Simply thought I would provide a CHART publication for ETHUSDT. BE ADVISED: Do NOT assume the price action must go up significantly during a period of upward pressure. It's possible the price action remains sideways within a relatively tight trading range during this period of upward pressure; resulting in a time correction before a major pullback. Let's conclude the price action is to go sideways at worst and upward at best for now. I explained in the video how to identify targets on the different FIB Extensions if we see continued upward pressure after hitting the 1.618 and then the 2.618, etc... I did not place the Bollinger Bands on the chart to see about where that could be. I may provide an update with the Bollinger Bands in a few days.

Happy Trading and Stay Awesome!

David

ETHUSDT: Potentially on the Verge of Another Leg Up

17:46

Kommentera:

UPDATE:

Added the Bollinger Bands to this 3-Day Chart: