ETH - MULTI TIME FRAMES - AT A GLANCE - WARNING !
M1 : Currently traded roughly at the 38.2 % Fib ret level of 2735
W1: Weekly pivot level is @ 3'436
D1 : Yesterday's price action triggered an attempt to reenter in the former
downtrend channel. Closing level was below the base of this former channel !
Watch today's closing to get more clues on this time frame
H4 : Failure to recover both above the Mid Bollinger band @ 2980 and the former
bottom support zone @ 3100, triggered renewal selling pressure.
Watch 3'000 and 2'570 as good indicators levels for further development in the upcoming hours
H1 : Above the clouds... BUT successive dojis pattern is showing some uncertainty & indecision$
around the 2900-3000 area.In addition the ongoing uptrend support line is under attack with slightly
below the clouds support zone.
M30 : Triangle pattern in progress. Watch for breakout : Implications : +/ - 400 pts !!
M15 : Same than H1. Watch clouds support zone.
M5 : Warning ! below the clouds and below the cluster of KS, MBB and TS
W1: Weekly pivot level is @ 3'436
D1 : Yesterday's price action triggered an attempt to reenter in the former
downtrend channel. Closing level was below the base of this former channel !
Watch today's closing to get more clues on this time frame
H4 : Failure to recover both above the Mid Bollinger band @ 2980 and the former
bottom support zone @ 3100, triggered renewal selling pressure.
Watch 3'000 and 2'570 as good indicators levels for further development in the upcoming hours
H1 : Above the clouds... BUT successive dojis pattern is showing some uncertainty & indecision$
around the 2900-3000 area.In addition the ongoing uptrend support line is under attack with slightly
below the clouds support zone.
M30 : Triangle pattern in progress. Watch for breakout : Implications : +/ - 400 pts !!
M15 : Same than H1. Watch clouds support zone.
M5 : Warning ! below the clouds and below the cluster of KS, MBB and TS
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