ETH. Renko 4H + Alligator
Lots of confusion "Will it go up?! Will it go down?!".
Look, there's already a double top on the level.
The Renco cube has even gone under the red line.
I'm sure the manipulators have used FOMO to the fullest to pass the expensive ETH into impatient hands.
Look, there's already a double top on the level.
The Renco cube has even gone under the red line.
I'm sure the manipulators have used FOMO to the fullest to pass the expensive ETH into impatient hands.
What is good about the VFI LF volume flow indicator is that it shows hourly changes in dynamics.
1. You observe how the volume has moved to the bearish half on the 1H chart.
2. You wait for the signal at 2H. And at the same time you understand that there is no wagering on the hour chart, because there is no liquidity to continue funny party. This is also confirmed by the one-hour chart on the Ichimoku.
3. Looking at 4H, there was a red dot crossing the EMA line, aiming for zero.