hbayatne

Ethereum price action….what to expect

COINBASE:ETHUSD   Ethereum
This is the same graph with the same fibs and same pitchfork we shared over a week ago. You can see prices starting to clump up towards the lower median line. Recent history has shown this to be a bearish signal, but trend is still somewhat bullish. Use RSI and other indicators to make your own judgements. We don’t take this as a “dump” opportunity you rather an acquire more ETH opportunity. The overall trend is definitely bullish, but please expect some sideways and maybe even temporary dips into the 1700s before we bounce back up. This is just an analysis of what the graphs and trends are telling us. It is not trade advice and you should make your own decisions based on market sentiment, other indicators and your own financial needs. Happy trading!!!
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