BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Now we have the third touch of the daily upward trendline . There seems tremendous overhead resistance and tremendous support below. The volume we have seen in buying was accumulation and fixed price buying; nothing worthy of driving the price higher. The daily trend seems natural with respect to accumulation and resting before the next leg up. It is very difficult to get a read on ETH as you can pick any timeframe and make it fit your bullish or bearish narrative. I am a buyer under 220 as I think most people are. This is where the value is. The cycle is uncertain except for the weekly trend which is still bearish . Good luck! Give me a like if you enjoy my analysis.
Get Biff's charts in real time. Follow me on Twitter:

Like to send Biff an email?
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out