Crypto Week 47 Monday Analysis
2024-11-25

It seems like that all Major 3 Crypto Coins are in Premium.

All of them are above True Week Open, True Month Open and True Year Open except for  BINANCE:ETHUSDT.P  Which is below True Year Open.

We are using a gap from previous Year Q4 that merge with a weekly gap. and we have a PSP in a weekly graph right about it.

Near True Year Open  BINANCE:ETHUSDT.P  there is a Gap from previous Monday in 3h graph.

I think I would like to see  BINANCE:ETHUSDT.P  getting into the 3h gap and targeting the True Year Open.

Current target in  BINANCE:ETHUSDT.P  is True year Open
After touching it I'll be bearish since the price is in a major Premium. 