We're back in business

BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Hello gentlemens, its been a long time since I posted my last analysis, and im BACK!

As usual, my perspective on the market its based not only on charts, but on informations from outside.

This moment its a very good moment to entry, we've had a -30% correction which is very healthy, good to keep it pumping, ETH was too risky before that to entry.

The "Fear & Greed Index" was at 92/95. Now we're at 56, which is EXCELENT. (https://alternative.me/crypto/fear-and-g...)

Another reason that will affect on the market is the Inflation . Stock's are going down because of that, people finally realized that Inflation will crush hard soon. (https://edition.cnn.com/2021/02/26/inves...)
Those Investors will search for new types of investment, that are "Inflation proof", such as commodities and cryptos.

And as you can see in the chart, we got a new trend, for those who said that ETH would go to 1000$. I don't think so.


That's all folks! Hope you Enjoyed the shared information.

Have a nice one!



Thank you. The link for the Fear and Greed index isn't working. Can you fix it??? Thanks friend!!!
+2 Reply
haunt_ mnaushad
@mnaushad, Your welcome my friend! Sure mate. I updated a comment, is it working?
Mienzz92 mnaushad
Tried the link, its not working, but anyway appreciate your Analysis as per above 👍🏽
+1 Reply
Mienzz92 mnaushad
@Mienzz92 the link is working 👍🏽 Many thanks
+1 Reply
+2 Reply
haunt_ Henry_Ross
@Henry_Ross, :D Thank you my man!
we are definitely back in business, at the moment we are testing strong support on the weekly, we can easily reject it to the upside, let's see :)
+1 Reply
haunt_ transparent-fx
@transparent-fx, put your seatbelts, here we go! :)
+1 Reply
What is the indicator name of those black and white lines?
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