TA:
ETH 12H continues to show upward momentum. If momentum continues, ETH will likely test the KC middle next at $1,350.
ETH 12H Linear Regression Change Forecast is projecting a current possible high of $1,350 to $1,360.
ETH 12H TTM Squeeze histogram remains lime with red dot indicating upward momentum with a TTM squeeze. The TTM Squeeze happens when one or more of the KC outer bands are within the KC. The squeeze acts like a compressed spring that can release in either direction. However, with TTM histogram showing upward momentum, continued upward price action is expected at the current time. However, if the pressure is not released and the TTM histogram starts showing a decline, the price may release downward to $1,260 - $1,250 zone. A strong eye should be kept for day trading today.
ETH 12H continues to show upward momentum. If momentum continues, ETH will likely test the KC middle next at $1,350.
ETH 12H Linear Regression Change Forecast is projecting a current possible high of $1,350 to $1,360.
ETH 12H TTM Squeeze histogram remains lime with red dot indicating upward momentum with a TTM squeeze. The TTM Squeeze happens when one or more of the KC outer bands are within the KC. The squeeze acts like a compressed spring that can release in either direction. However, with TTM histogram showing upward momentum, continued upward price action is expected at the current time. However, if the pressure is not released and the TTM histogram starts showing a decline, the price may release downward to $1,260 - $1,250 zone. A strong eye should be kept for day trading today.