Last week, It is the 4th time that the Ethereum VS US pair trading volume in > 3 Million in Coinbase. (3.18M, week of 13th, May, 2019)
Let's observer the previous 3 times that trading volume > 3 Million in Coinbase Alt-Coin Exchange. 1st time: The week of 13th March, 2017 --Trading Volume: 3.72M --Weekly closed: around 43 --After that week, price went up to: around 351
2nd time: The week of 17th July, 2017 --Trading volume: 3.47 M --Weekly closed: around 228 --After that week, price went up to: around 473
3rd time: The week of 11th, December, 2017 --Trading Volume: 3.07 M --Weekly closed: 732 --After that week, price went up to: around 1,265
After observe the previous 3 times that trading volume greater than 3 Millions in Coinbase Alt-coin exchange, the question would be: -->>WILL THE UPTREND HISTORY WILL BE REPEATED AGAIN? <<---
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TYPO 1. Last week, It is the 4th time that the Ethereum VS US pair trading volume in > 3 Million in Coinbase. (3.18M, week of 13th, May, 2019) Change to: Last week, It is the 4th time that the Ethereum VS US pair trading volume > 3 Million in Coinbase. (3.18M, week of 13th, May, 2019)
2 -->>WILL THE UPTREND HISTORY WILL BE REPEATED AGAIN? <<---
Change to -->>WILL THE UPTREND HISTORY BE REPEATED AGAIN? <<---
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Detail count when it breakup? 1st time weekly volume > 3M: after 4 weeks breakup. 2nd time weekly volume > 3M: after 2 week breakup. 3rd time weekly volume > 3M: after 3 weeks breakup.
4th time weekly volume > 3M: how many weeks after the price will break it up?
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Question asked 5 weeks ago. --4th time weekly volume > 3M: how many weeks after the price will break it up? Ans: 5 weeks.
What the hell is that?
a top chanel trendline with only one point of reference???
BMYWin
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@chocotraders,
Thank you for your comment.
Could you kindly please let us know detail that where you don't understand our idea?
We guess maybe you are talking about the top one green channel line(now label "Green Channel Top Line")
Closer look.
(Sorry for it is somewhat disorder chart, because we observe various figure, and add some of our observed line)
If you are mentioned about this line(Green Channel Top Line):
it is our only imagination:
..1) if the triangle is the bottom, and 2018 was the year of bottom, ETHUSD maybe can breakup 400 day SMA,
>> In that case, maybe the bullish trend will target at that level(Green Channel Top Line).
..2) if the triangle is the bottom, maybe the price will go between Green channel bottom line and the green channel top line.
The comment that we wrote here is only for our reference record only. It is not for trading advice.
Trading is always in high risk, please manage your own risk.
We are still in holiday, and will come back to the desk next week.
a top chanel trendline with only one point of reference???