ETHUSD HTF 2M to $900 or $2,000?

ที่อัปเดต:
ETH 2M timeframe currently has 10.5 days left, yet the period has yet to set a new high or a new low. Instead, it's showing a higher low and a lower high. The price has been coiling up like a spring ready to explode.

The question is which direction will get in the short term according to the higher timeframes. Let's have a look at a few interesting charts. The purpose of this post isn't to predict but to ask some questions.

The chart below shows ETH 2M with 3 different linear regression price channels. The brown price channel is for 2M; green is for 6M and blue is for the 8M. Currently price is well below the 2M price channel but well within the lower range of the upper channels. With the green and blue channels showing a possible low of $900, Could this indicate that there is plenty of room to drop to this lower range in the next 10.5 days?

สแนปชอต

Let's have a look at the same ETH 2M with the "DB Change Forecast Pro" indicator which shows a protected high/low forecast for the current timeframe shown in the blue channel. The indicator channel is currently well below the price for the current period.

However, you can see in the past the channel has been accurate on the 2M levels with regards to having the price at least in the upper part of the channel. Does this mean the price could drop to the projected HLC3 middle channel of $800 within the next 10.5 days? IMO, it's much more likely the price if dropped, would lower into the upper 1/4 of the price channel in the $900-$100 range. The dashed lower lines to the right of the price channel show this as the current alternative forecast low.

At the same time, the alternative forecast shown in the dashed upper lines shows a huge upper range of $2,000. Which way will the spring be released?

สแนปชอต

Another custom forecast model that uses multiple timeframes to average a regression price channel shows a possible range of $890 to $2,300. Very interesting considering there are only 10.5 days left in this timeframe.

สแนปชอต

If we look at the DB EMA we can see the price was rejected by the 2M 15 EMA level. A clear indication that we are still (obviously) in a bear market and trying to dig out.

สแนปชอต

If we have a look at ETH 2M Log Curve with colored zones we can see we the high in this period was rejected by the top of the green zone and we've broken back into the lower green zone within this period. If history repeats then we could be looking lows in the white zone about the purple the next 2 months with a pump from there until March 2023. Very interesting.

สแนปชอต

The chart below shows CCI on multiple timeframes. The purple is the 2M CCI, the green is 1M, and the gold is the 2W. With the 1M closing in 10.5 days also, it's looking like we will see some more downward action. Will the market choose to release the spring upward to downward? What do you guys think?

สแนปชอต
บันทึก
Will ETH USD break the KC middle band? If it breaks this resistance and then trends in the upper ETH W KC channel they 2k may be possible. Otherwise, look for a rejection toward the bottom KC band.

สแนปชอต
บันทึก
Retest anyone?

สแนปชอต
บันทึก
DB Vix Fix %D Showing ETH Daily getting ready to drop out of breakout. However, this can change if we get a strong pump to retest the ETH Weekly middle KC again. Look for $1,350 for daily support.

สแนปชอต

On the same though, ETH Daily CCI (shown in blue below) is still above 100, so technically it's still on breakout until the CCI goes below 100. However, this can happen quickly and the "DB Vix Fix %D" chart above is an early indicator.

สแนปชอต
บันทึก
ETH Daily CCI touching 100. Will we see a bounce from 100 to indicate more upward movement or will it close under 100 today to indicate a continued daily decline?

สแนปชอต
ETHEthereum (Cryptocurrency)ETHUSDTechnical IndicatorsTrend AnalysisWave Analysis

คำจำกัดสิทธิ์ความรับผิดชอบ