ETHUSD to Leg Up One More Time Before Dumping. Which See...

I thought it would be IMPORTANT to have a look at several ALT-COIN/USD or USDT pairs FIRST before continuing my TA for BTCUSD. It appears quite obvious to me that ETHUSD is only going sideways at the moment in a tight trading range before legging up once more THEN consolidating to Re-Accumulate in a higher trading range for a while before pumping again. The reversal to upward pressure may begin sometime between June 6th and June 8th.

Kommentera:

We still have a chance to let up if the Phoenix ARI can remain above 70% in the 2-Day TF. Otherwise, we could be in a bear market a few weeks. If the Phoenix ARI can remain above 70% in the 2-Day TF, it's possible for us to close no lower than $216 and bounce back to leg up once more. What ever occurs will likely occur by no later than June 10th or 11th.

2-Day - WITH INDICATORS:

2-Day - Without Indicators to see the FIB levels better: