After catching the (very) bottom placing bids near the RealTime Subtractive (orange flat line), the 1H cloud is now acting as resistance for ETH.

I expect this range to play out similar to the last break-down from the 1Hour cloud. I believe ETH will wick through 1H cloud body, finding support on RealTime, and then consolidation upwards with peaks towards 212 or perhaps slightly above.
The Hourly is proving to be a very valid timeframe to watch for ETH, so break-ups and tests on support should be played on this timeframe to improve the odds of being on the winning side of a trade during the range play over next weeks.
I expect this range to play out similar to the last break-down from the 1Hour cloud. I believe ETH will wick through 1H cloud body, finding support on RealTime, and then consolidation upwards with peaks towards 212 or perhaps slightly above.
The Hourly is proving to be a very valid timeframe to watch for ETH, so break-ups and tests on support should be played on this timeframe to improve the odds of being on the winning side of a trade during the range play over next weeks.
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SNOW_CITY public chat room - Indicator Q&A
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
