
TOP50’sTOP10 (LUNAUSD, ATOMUSD, XRPUSD, BTCUSD, ETHUSD, AVAXUSD, FTMUSD, CROUSD, MANAUSD, SANDUSD, FTTUSD, XTZUSD)
Ethereum (ETHUSD)’s is near complete on its first long bodied red weekly candle since September, and appears vulnerable to a deeper consolidation the balance of November despite a tentative bounce off the psychologically key 4k whole figure level. Significantly, ETHUSD was rejected this past week at what somewhat resembles upchannel resistance (on the weekly chart), although the long lower shadow of the near complete current weekly candle suggests we are more likely to see a further slide similar to what occurred in September as opposed to in May…
Ethereum (ETHUSD)’s near complete weekly Doji after 4 straight green weekly candles reflects healthy consolidation after the fresh record high early this past week. Significantly, ETHUSD is hesitating as it nears upchannel resistance (on the daily and weekly chart), coinciding roughly with the psychologically key 5k whole figure level…
Ethereum (ETHUSD) rallied to another record high mid week, and is seeing a bit of healthy consolidation as it bumps up against upchannel resistance (on the daily chart). Significantly, ETHUSD appears to be extending what some would argue on the weekly chart has been a Bull Flag (on the weekly chart), or continuing an upchannel…
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