ETHUSD Short $1,270

Zaktualizowano
TA:

ETH 12H tested the KC middle twice in the last few bars with a lower high in the last bar.

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ETH 12H linear regression price channel shows a reasonable low today of $1,325 and a reasonable high today of $1,360. However, the bar just started and it's likely the price channel will shift lower.

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ETH 12H DB Vix Fix showing death cross indicating short-term top has been reached.

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Uwaga
ETH 12H TTM Squeeze shows squeeze is still present on 12H period. The histogram shows lime which indicates it's currently still bullish. However, if the price drops expect the histogram to change from lime to dark green which would indicate downward momentum. If the squeeze releases downward we could expect it to be in the lower KC/BB bands of $1,270 to $1,260 zone.

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Uwaga
MACD Showing Two Bars of Downward Price Momentum

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Uwaga
DB SCORED KCBB%D TTM MACD STOCH VF shows a buy score of 2 and a sell score of -5 for a net score of -3 (bearish).

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Uwaga
As a strong warning - When a TTM Squeeze is present, price action can quickly release or change (reverse). A strong eye on the market is required. This is intra-day play.
Uwaga
ETH 12H DB Linear Regression Change Forecast showing possible low of $1,310 - $1,300 and possible high of $1,350 - $1,361. With the TTM squeeze the forecast isn't as reliable.

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Uwaga
ETH Daily DB Linear Regression Change Forecast now shows $1,270 within the lower range.

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Uwaga
ETH 12H DB Linear Regression Change Forecast (similar to Daily) shows $1,270 within the lower range. Good example of how the forecast can change with price moment compared to the 12H forecast image from 2 hours ago (see a few charts higher on this page)

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Uwaga
ETH Daily Shows $1,360 as a strong resistance.

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Uwaga
ETH Daily Linear Regression Price channel shows $1,350 as a reasonable high (which has already been hit on daily) and $1,285 as a reasonable low for today.

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Uwaga
ETH Daily Linear Regression Change Forecast currently shows a very similar high/low to the linear regression price channel above.

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Uwaga
ETH 12H is still showing TTM Squeeze, and the sub-12H timeframes have been very choppy. Like a compressed spring ready to release on either side. Could release to either side of BB/KC still.
Uwaga
ETH 12H Linear Regression Price Channel

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Transakcja zakończona: osiągnięto poziom stop
Closed stop out. Price will likely release to the upper ETH 12H KC band before additional downward momentum. However, it's still very choppy on LTF. Loads of pressure. Safe trading!
Chart PatternsETHEthereum (Cryptocurrency)ETHUSDTechnical IndicatorsTrend Analysis

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