ETHUSDT – CATCH TIP for BINANCE: ETHUSDT by CryptoCheck – Technische Analyze – 2022-10-29 17:04:14

Hello traders, investors and speculators πŸ“ˆπŸ“‰

ive here. Cryptocurrency has been in circulation since 2017 and later it went into stocks. I have 3 board exams in financial markets and I studied economics from undergraduate university for 1 year. Day job – math teacher. πŸ‘©πŸ«

Ethereum Parallelism tested trend line / resistance area . In recent months, we have noticed lower highs, but now we can clearly see that the price is trying to break out Display area . This is clear at the end bearish The market is near the end of the accumulation phase. The ETHUSDT diagram rising For all markets, because the test resistance area It is the last stage of the accumulation stage of the Wyckoff method, and dealing with it bearish And the rising market cycles.

We hope your bags are full at this point. What we will look for next is the closing of the daily candles above resistance area To confirm a new one support area .

More about the Wyckoff method here at a BTC Schedule :

Have a good weekend πŸ₯‚

____________________

Follow us here on TradingView for daily updates and trading ideas on cryptocurrencies, stocks and goods Click like and follow πŸ‘

We appreciate your support!
Encoder check

Leave a Reply

Your email address will not be published. Required fields are marked *