This is just a look back on ETH and the nice move that it had on the weekly chart. This tightening pattern can be found on every time frame the weekly the daily the 4 hour etc....
This is a perfect example of a lower high and higher low tightening range before a massive move to the upside..
Keep an eye out for this tightening range on other charts as this is usually a great trading opportunity :) also if there is a tightening range on the 4 hour chart and also a bigger tightening range on the daily chart the direction the 4 hour chart breaks can give you a good indication on how likely the daily chart will break in the same direction
Anyway just an quick idea to keep the trading brain ticking over.. :)
This is a perfect example of a lower high and higher low tightening range before a massive move to the upside..
Keep an eye out for this tightening range on other charts as this is usually a great trading opportunity :) also if there is a tightening range on the 4 hour chart and also a bigger tightening range on the daily chart the direction the 4 hour chart breaks can give you a good indication on how likely the daily chart will break in the same direction
Anyway just an quick idea to keep the trading brain ticking over.. :)
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.