Hello, my friends. It's Cryptoranger K.
When I looked at ETH on a weekly chart, I noticed that the 50-day line looked like it was preparing for an ascent. In a little while, I think we can see the rise or the consolidation, even if it is not a big rise. I think if the 50day line looks like this, the ETH is going to rise soon. Personally, I'm really worried about Stochastic's Dead Cross on the 3 week chart. I think we need to see how ETH is going to solve this.
When I looked at ETH on a weekly chart, I noticed that the 50-day line looked like it was preparing for an ascent. In a little while, I think we can see the rise or the consolidation, even if it is not a big rise. I think if the 50day line looks like this, the ETH is going to rise soon. Personally, I'm really worried about Stochastic's Dead Cross on the 3 week chart. I think we need to see how ETH is going to solve this.
Note
<1week chart>Note
Currently the candle is located below the 50day line. Buying timing is based on 1 week salary, I think it is better to enter after confirming that the candle stays on the 50day line. (Based on a weekly chart.)I hope you will refer to this section when trading.
Thank you.
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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.