Fundamental analysis is clear, Ethereum Blockchain is/was congested. Resistance at $323 Supposing blockchain clears up with flowing transactions as promised, price can rise.
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Otherwise, price will form a new low. The new low will be seen recorded by Traders Dynamic Index.
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BBSR support has risen to $299, ~$300.
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diob1
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good analysis man!
YardleyRosette
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I'm setting up a written/typed strategy that explains more concisely & more simply how to use the indicators I use.
@diob1, and I'll tell you, the indicator is not mine but I know the power it has from seeing it work, knowing of its existance only since December 2016. Traders Dynamic Index, I use the one of KurbelKlaus (LazyBear). AND, I use BBSR: GRaB Candles with Murrey Math Midline, & Supertrend V1.0 - Buy or Sell Signal by rajandran.r to project/show current & past Support/Resistance.
I also use Fibonacci retracement & its extension which I set properly & according to their sequence or I mean to say the price move from 61.8% to 161.8% or its concerning proper price move.
YardleyRosette
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@diob1, I found the script is in the source code the indicator of its proper author. I know some people tried to use Traders Dynamic Index for Binary Options but I can't work with it, so I prefer best using it for Forex/Cryptocurrency trading (demo testing strategy to perfect it).
diob1
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@YardleyRosette, cool man I really would like to learn more about this kind of analysis