ETH Short Called By The DVO Indicator!

22 Nis 2023

Looking at ETH on the 4h, we can see our DVO indicator called the short perfectly! The top short was called at 2120 which remains strong resistance followed by 1925 (support turned resistance).

Now it's currently bouncing off the next support of 1850. I'm closely watching the DVO indicator to see if it flashes a buy near support. If it does, that will be a strong buy signal. If we fail to bounce here, I'm looking at 1710 as the next strong support level.

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