It looks like lots of lines, but if you focus in you can see they clearly mark a tightening pattern of higher lows and lower highs.
Correlated with ETH tightening range, we will look for a break of this pattern today to be marked with a spike in volume and volatility.
Correlation has been to BTC and a bit of a weaker version, with less significant bull moves in terms of % gains the last few days.
No entry without a break of resistance and bull momentum, otherwise it is stagnant money trading sideways and waiting for a break.
Patience during these times!
Correlated with ETH tightening range, we will look for a break of this pattern today to be marked with a spike in volume and volatility.
Correlation has been to BTC and a bit of a weaker version, with less significant bull moves in terms of % gains the last few days.
No entry without a break of resistance and bull momentum, otherwise it is stagnant money trading sideways and waiting for a break.
Patience during these times!
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.