This strategy uses a EMA Crossover of 5 &10 on the short side and both a 100 & 150 EMA Trendlines to as kind of testing levels
It also uses a Bollinger Band of 100 on the hl2 source instead of closing price
It also features an RSI of BOTH 10 and 100 EMA lines and a stochastic of K 14 D 3 and Smooth of 1
Using both the RSI and Stochastic can determine whena ...
Netflix hit an all-time high, then corrected. It crept below the uptrend line but didn't generate a sell-signal below it. It passed back above the uptrend line but hit the resistance roof. Again, it just crept below the uptrend line but without a sell-signal, suggesting that the trendline is acting as support, albeit loose support. The price climbed above again...
EL ANÁLISIS FUNDAMENTAL NOS DICE QUE EL DÓLAR SOL ABRIRÍA AL ALZA DEBIDO A LA INESTABILIDAD POLÍTICA Y SOCIAL, SON BUENAS OPORTUNIDADES PARA COMPRA DE DÓLARES EN SOLES HASTA QUE LLEGUE AL PRECIO DE 3.6577, DESPUÉS POR LOS ESTÍMULOS DEL BCR Y EL ANÁLISIS TÉCNICO NOS DICE QUE ESTOS PARES DE DIVISA SE PREPARARÍAN PARA UNA VENTA SWING A PARTIR DEL PRECIO 3.6577 DEBIDO...
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So obviously ETH is going up along with the rest of the market, but this offers good targets to take some profits.
Whether you measure the shoulder depth, or the entire H&S depth, it matches up really well with the $440 and $480-490 resistance levels.
I expect a pullback at both of these levels, but of course ETH will go much higher in the long term.