ETHUSD is also similar to Bitcoin just a little bit different chart, Ethereum is also at a very low price near support hitting the up trend line where the market bounced up already a few times in the past, see the green arrows, and now at the up trendline the market formed a bullish engulfing candlestick formation which is also a formation where the market is telling us that we might be ready to go up bullish, this one though have more percent potential return then bitcoin but both looks good.
if you have any questions please comment or massage me.
this is not a advice, you should do your own research get comfortable before you make any decision, this is just me showing you the way I review the market, if you would like more details please contact me i will surly be willing to help your out with your questions
how did you get your chart to go back to 2016? The support line is absolutely beautiful and I doubt all that many people know about it
ElyaStein
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@sunnybum, Thank you.
its the monthly chart with the coinbase feed, it gives me the data from 2016
ErykSylvan
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Saw a horizontal line at 200 someone posted as being a long term support And resistance. That and this together look beautiful. Btw, does asking you a question always cost a massage?
ElyaStein
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@ErykSylvan, Thank you, yes 200 looks to be a pivot area where the marked likes to bounce.
you can contact me which ever way its easy for you