Watch my daily technical analysis on Bitcoin & crypto alts like ETH BCH EOS IOTA LTC.
Hey guys, ETH is currently fighting with 500 & the EMA 26, while EMA 12 acts as support on the 4H. On the Daily, we're building the second inside bar, which will give a clear direction once it breaks. To the upside we're looking at 525 as 4,4% profit potential, once we break bullish. To the downside we're looking at the 480 range as support on the 4H, otherwise we'll test the lows 460 with more downside potential to come.
Good thing: we're still far away from the from the April lows at 380, which shows Ethereum clear strength vs. Bitcoin. In my video today, I give some long term perspective on Ethereum, completely from the Monthly chart up to today: Where we're coming from, where we're headed.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Hey guys, ETH is currently fighting with 500 & the EMA 26, while EMA 12 acts as support on the 4H. On the Daily, we're building the second inside bar, which will give a clear direction once it breaks. To the upside we're looking at 525 as 4,4% profit potential, once we break bullish. To the downside we're looking at the 480 range as support on the 4H, otherwise we'll test the lows 460 with more downside potential to come.
Good thing: we're still far away from the from the April lows at 380, which shows Ethereum clear strength vs. Bitcoin. In my video today, I give some long term perspective on Ethereum, completely from the Monthly chart up to today: Where we're coming from, where we're headed.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.