Goodmorning everyone, here are my thoughts on ETH on a 4h chart ( Tue, Aug 31, 2021 @ 9:00AM PH Time)
- For this chart, I notice that ETH is starting to consolidate and having a hard time making another Higher High
- I also notice that the market is currently forming a wyckoff distribution which indicates a bearish movement in the future
- I marked the Recent Higher High to be a UTAD, and just waiting for a confirmation for a Test and Last Point of Supply
- With that, I personally think that the market is heading towards the down side.
That's it guys! Take care and Goodluck! NFA, DYOR and TAYOR.
- For this chart, I notice that ETH is starting to consolidate and having a hard time making another Higher High
- I also notice that the market is currently forming a wyckoff distribution which indicates a bearish movement in the future
- I marked the Recent Higher High to be a UTAD, and just waiting for a confirmation for a Test and Last Point of Supply
- With that, I personally think that the market is heading towards the down side.
That's it guys! Take care and Goodluck! NFA, DYOR and TAYOR.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.