ETHEREUM Analysis - Continuous, Just as the Markets !

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.

* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand

--------------------

1-23-2024
Strong downtrend with RED TrapZone established for days now and RED UMVD continues still. Bunch of Trapped Buyers Spotted!

Komentarz:

Intraday Analysis - 1s Renko Setting

Komentarz:

Hourly Candle Analysis

Komentarz:

Daily chart analysis - Gray Bars closed the Gap Above TrapZone

Komentarz:

Latest - Intraday Settings. GREEN UMVD after multiple Divergence is pushing the prices higher. we have a thin but GREEN TrapZone Formed

Komentarz:

Komentarz:

Prices in UP Trend with strong GREEN TrapZone
RED UMVD is retracing the prices a bit

Komentarz:

Hourly Check In - Price bounced from support twice. Now GREEN UMVD puts the prices in RED TrapZone for a retrace.

Komentarz:

Latest Intraday settings

Komentarz:

Latest Intraday

Komentarz:

Side By Side Analysis - Very Much Sideways. Nothing to see here !

Komentarz:

Short term retrace possible. Profit taking is already in progress. Watch for VIX roll in 3 day

Komentarz:

BIG GAP between the TrapZone and Price. BAR Color is Green - It may retrace.
Very Strong Trend :)

Komentarz:

Strong Up Trend. Do you see the class A entry!

Komentarz:

This is a good one - showing Class A & B entries here. Long term Trend is intact with some Profit taking evident on the short term Renko.

Komentarz:

Hourly Technical Analysis Check In
UMVD Gave early warning about this sell off. We broke long term trend angle 7 and now have established DOWN Angle 4 heading to Angle 6 (Up Trend). UMVD is still red.