TradingView
WyckoffMode
Jan 8, 2017 1:19 AM

ETHUSD POSSIBLY CONFIRMED PEEK OF AUTOMATIC RALLY BUT... 

Ethereum / Tether USDPoloniex

Description

Knowing the current tool(s) being used and plans within plans brewing to assure accumulation continues with BTC and XMR with their next big moves coming; I would not be surprised if this reverses and continues to the upside to further employ their plans within plans. However, I personally, will continue to follow the WycKoff Rules. So, I'm short on ETHUSD for now.

Comment

Included definitions of Abbreviations:

Comment

RSI is still strong with lots of support. This may leg up... We'll see...

Comment

However, could simply be a bull trap.

Comment

I'm sure those who were around in 2015 with LTCBTC and LTCUSD Pump and Dump know the same may very well happen here. So, I would not be surprised with another leg up.
Comments
WyckoffMode
RSI is still strong; indicating potentially still have lots of support. This may leg up. We'll see.

More