Ticker: ETHUSD
Exchange: BITFINEX
My opinion:
And so, I think that the coin continues a downward trend, based on the following considerations:
1. The market moves from consolidation to consolidation
2. Global market rotation without the formation of a new balance (consolidation) is extremely rare
3. If a balance is formed in the current price range, then we can talk about changing the correlation of forces in the market
Do not also forget about the correlation between BTC and ETH, bitcoin now also does not show the strength of customers
You must remember and understand that to complete such a global trend,
as we see now on the market, you need a large volume to buy - and you can only dial it in the balance (consolidation),
and therefore we must wait for the formation of such a pivotable pattern
Exchange: BITFINEX
My opinion:
And so, I think that the coin continues a downward trend, based on the following considerations:
1. The market moves from consolidation to consolidation
2. Global market rotation without the formation of a new balance (consolidation) is extremely rare
3. If a balance is formed in the current price range, then we can talk about changing the correlation of forces in the market
Do not also forget about the correlation between BTC and ETH, bitcoin now also does not show the strength of customers
You must remember and understand that to complete such a global trend,
as we see now on the market, you need a large volume to buy - and you can only dial it in the balance (consolidation),
and therefore we must wait for the formation of such a pivotable pattern