A basic trendline analysis of ETH movement through whatever time is indicated by the purple line.
Basically looks like its trending downward sort of, mid to buy range is between the red and yellow lines, with profit taking planned at the green line. This looks like a downtrend at least temporarily, but will probably perk up in the next few days to a week.
Looks pretty neutral overall, probably not worth trading even in the short term unless you can capitalize about 10-20x per coin.
Basically looks like its trending downward sort of, mid to buy range is between the red and yellow lines, with profit taking planned at the green line. This looks like a downtrend at least temporarily, but will probably perk up in the next few days to a week.
Looks pretty neutral overall, probably not worth trading even in the short term unless you can capitalize about 10-20x per coin.
Comment:
the purple line is set for just before the 15th of April, most likely this neutral-down trend won't continue for more than a week based off of previous performance history. But still I'm waiting to buy for now lol.