ETH 13th July 2022
Time Frame:
12 Hours
Indicators:
MACD - Neutral-negative
OBV - Lesser volume than the previous candle (not organic)
Price Action:
If the price action remain above $1065 then we can confirm an engulfing candle to the upside.
All 4 EMAs are understandably moving down due to 6 consecutive red 12H candles, thus posing as strong layers of resistances.
The next direction largely depends on the CPI report (in 1.5 hours).
--Like, follow or drop a cheer if you find my findings useful!
12 Hours
Indicators:
MACD - Neutral-negative
OBV - Lesser volume than the previous candle (not organic)
Price Action:
If the price action remain above $1065 then we can confirm an engulfing candle to the upside.
All 4 EMAs are understandably moving down due to 6 consecutive red 12H candles, thus posing as strong layers of resistances.
The next direction largely depends on the CPI report (in 1.5 hours).
--Like, follow or drop a cheer if you find my findings useful!
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.