hbayatne

ETHEREUM continues to climb the Median lines

COINBASE:ETHUSD   Ethereum
Ethereum has been on a tear as all the previously listed charts have shown. Please do not mistake this cool down for a correction. Until there is bearish divergence as well as a breakdown in the schiff line pivot point we are still trending up. I have placed another Andrews pitchfork showing the recent price action and it is moving exactly within those parameters. This is more bullish activity further validating the past week's posts. Crypto is a very volatile market and can turn on a dime, but with trends this strong we will watch the indicators to give us the best trading ideas. If we see a correction soon, keep up with the posts because I will be plotting points for buying that dump. You can almost guarantee another parabolic correction right after any dumps during climbs this steep. These are all trading analysis indicators only and not trade advice. Following indicators gives you ideas on how to treat your trades only. Happy Trading.
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.