NikkyWelder

NikkyWelder Updated 

In the last 6 weeks 2 bullish engulfing parents were formed, but the present weekly bar is reversing the direction to south, forming another bearish engulf pattern and aiming to test levels 0,14-0,34,where the previous up move has started. This scenario will be invalidated if 1,64 is broken

NikkyWelder Updated 

The last weekly bar formed bearish engulf pattern after unsuccessful attempt to break the resistance at 1834. I expect price to pull back towards 1817-1834 and drop to 1760-1750,support levels tested 4 times before

NikkyWelder Updated 

The uptrend is reversed by 2 candlestick patterns Target shall be the support trend line

NikkyWelder Updated 

Weekly trend continues south after trend line break out

NikkyWelder Updated 

The last leg of the ETHUSD uptrend resumed end of July'21,having formed a triple bottom and a Bullish Engulf pattern. The uptrend line formed by 2 Bullish Engulf patterns ,was tested by Bullish Harami last week, it had to support the uptrend, but the price went south instead, invalidating the Bullish Harami and aiming to test the previous Bullish Engulf patterns.