Chaikin Money Flow shows a break out about 0 level and a successful retest.
Double bottom confirmed.
RSI showing sign of bullishness.
LL RSI is also showing sign of bullishness.
Major resistance levels are shown in red horizontal lines.
Lets see if it works out.
Double bottom confirmed.
RSI showing sign of bullishness.
LL RSI is also showing sign of bullishness.
Major resistance levels are shown in red horizontal lines.
Lets see if it works out.
Note
Tried to break out on13th of Dec, rejected but still valid.Note
Breakout above resistance, lets see if it holds. Tomorrow we have CPI, so beware.
If you are still long, put a stop on 1330 to secure profits.
Note
Market is looking good. Money flow is very bullish, TLL RSI is bullish.I expect ETH to break this next resistance too in the coming days.
For now setting stop loss around 1445 to protect myself and enjoying the ride.
Trade closed: target reached
Forgot to update this.Target reached a few days ago, closed position. Will look for re-entry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.