ETH WEEKLY OUTLOOK TREND ANALYSISðĶ
Ethereum never broke our weekly lows.
This always means were still in a uptrend, after that we came all the way back and even made a little downtrend but never broke the low.
From that pricepoint buyers have woken up and broke the weekly ATH structure.
From that point we start to make a weak bearish pullback and in the bullish reversal of the pullback.
We then see a doji candle which means that we do not know where to go, after that candle we got a nice bullish candle what was the start of an NEW ATH.
I am know waiting for a pullback to the doji area to go LONG.
This always means were still in a uptrend, after that we came all the way back and even made a little downtrend but never broke the low.
From that pricepoint buyers have woken up and broke the weekly ATH structure.
From that point we start to make a weak bearish pullback and in the bullish reversal of the pullback.
We then see a doji candle which means that we do not know where to go, after that candle we got a nice bullish candle what was the start of an NEW ATH.
I am know waiting for a pullback to the doji area to go LONG.
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