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WyckoffMode
Nov 10, 2020 11:53 AM

ETH Season is in Session; Seriously Consider Accumulating NOW!!! Long

Ethereum / US DollarPoloniex

Description

Hi Everyone! Based on what I'm seeing in the higher time frames, ETHUSD appears to be on the verge of a MAJOR Bull Cycle! The 3-Week Time Frame is currently looking VERY bullish. If we can manage to CLOSE the "current" 3-Week candle with the Red RSI currently making contact with the Green Line WHILE the Green Line is going up, this will be VERY BULLISH FOR ETHUSD. The next 3-Week Candle begins November 16, 2020. You may want to seriously consider dollar cost averaging NOW to November 16, 2020. This publication is labeled a LONG position based on what I'm seeing in HIGHER TIME FRAMES. Do NOT assume I'm saying to open a long position without considering lower time frames for entry.

Happy Trading and Stay Awesome!

David

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UPDATE:

3-Day Time Frame:

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UPDATE:

More details on the 3-Week time frame:

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UPDATE:

In the video; I thought today's date is November 11, 2020; when it is in fact November 10, 2020. My bad....

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UPDATE:

Weekly Time Frame:

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UPDATE:

"ETHUSD: A Couple of Quick Things to Point Out in 3-Week & 3-Day." (5 minute video)

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UPDATE:

This may be premature but I've added a few Aqua circles to point out potential targets in the Weekly.

Comments
beastedz
Thanks for the update

Charting inverse BTC dominance it looks like we are setting up for alt season.
dudebruhwhoa
I would love it if you would do the Matthew McConaughey bit from Wolf of Wall Street in one of your videos, you sound exactly like him, haha. Also, always love your work, nice job, finally followed you today :)
WyckoffMode
@dudebruhwhoa,

Hi dudebruhwhoa,

Yeah, I get that at times (Matthew McConaughey). Especially, from women I run into when I'm out and about and the hear me talking.

I'll think about doing the bit from Wolf of Wall Street WHEN THE TIME IS RIGHT. Not too soon... ; )

Appreciate the follow and your support!

Stay Awesome!

David
dudebruhwhoa
@WyckoffMode, word! When the time is right is "all right-all right-all right", sir. Definitely not a bad compliment to hear when you are out and about. Keep up the epic charting!
WyckoffMode
@dudebruhwhoa,

Agreed... "Not a bad compliment..."

I'll try to maintain the "...epic charting." ; )

Stay Awesome!

David
BlockTechEv
Always appreciate the effort you put into your charts, thanks David 😊
WyckoffMode
@BlockTechEv,

Hi BlockTechEv,

Thank you, Mate!

Very kind of you to say!

Appreciate your support!

Stay Awesome!

David
max69
love this style of analysis !
WyckoffMode
@max69,

Hi Max,

Thanks Mate!

; )
PolarHusk
Nice view on the 3W chart 🐻‍❄️🙏😊😃
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