Ethereum Multi TimeFrame Analysis

Hello, since you liked my yesterday post on Bitcoin, today is an analysis for Ethereum/ BTC on Binance.

I used my indicator Cyatophilum Bands. The upper band can be used as resistance, and the lower band as support.
If price breaks below: go Short and wait for the rally to exhaust ( a weighty bull wick or a green candle ) to exit.
If price breaks above: go Long and wait for a significant bear wick or a red candle to exit.

The Cyatophilum Bands indicator can be configured on several timeframes, such as:

High Timeframes
4H (240)

2H (120)

1H (60)

Low Timeframes
15M

5M

To sum up, the bull rally we've seen is slowing down. Price range is narrowing, probably that Bitcoin will lead the next move.

The automated alerts help to not miss opportunities.
Backtest below is for 1H, but low timeframes are more profitable.
You can get it today here.

Thanks for reading ! I'll appreciate your analysis too.

Kommentera:

Very bullish Golden Cross on the 4H.

Kommentera:

Nice bull run. The golden X was serious business :)
I set my trading bot with this configuration by the way. Next signal will be a sell.