Dear All, welcome to our trading ideas section.
This is not investment advice, and we are just sharing our point of view on what we see on the chart.
In this Chart we are using the TFLOW V3 MTF Indicator, which is our product as well as the MACD, Volume Profile and CHOP LRSI V1 (we keep only the LRSI).
We go to the weekly chart to see the bigger picture.
So the indicators show us that:
The MACD is heading to point zero so we have a reversal in motion.
The LRSI is showing us that there is plenty of energy to move the price.
The Cap & Handle Pattern shows us that the target price for ETH is 2000.
This is not investment advice, and we are just sharing our point of view on what we see on the chart.
In this Chart we are using the TFLOW V3 MTF Indicator, which is our product as well as the MACD, Volume Profile and CHOP LRSI V1 (we keep only the LRSI).
We go to the weekly chart to see the bigger picture.
So the indicators show us that:
The MACD is heading to point zero so we have a reversal in motion.
The LRSI is showing us that there is plenty of energy to move the price.
The Cap & Handle Pattern shows us that the target price for ETH is 2000.