InvestingScope

Repeating patterns on ETHUSD

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BITFINEX:ETHUSD   イーサリアム/米ドル
ETH has been priting recurring Channel Up and consolidation patterns on 4H. The green lines represent the Resistance bands after each Lower High on 1W (with the latest being a projection). As the 675.39 Support and 707.50 Resistance dominate the price action , the 1D chart will remain neutral (RSI = 50.867, STOCH = 47.353, ADX = 13.958, Highs/Lows = 0.0000). That is why the next TP fot ETH is the 707.50 Resistance.

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