Feels like it is. Very similar price action and price structure.
CZ just announced the $1b incentive programme - obviously the biggest out of all the ecosystems right now. This fits perfectly with the quarterly burning event happening any day now (usually within 2 weeks of the end of a quarter).
Doesn't take a genius to see this equation:
reduced supply + huge...
A likely scenario I see is ETH hitting the bottom of the Bollinger Band and then bouncing off of it and going to the top of the band. The bands will continue to tighten, which usually indicate a big move is coming. ETH could then break to the upside of Bollinger Bands and see new ATH's. This might all play out in the next few weeks.
These are the Fibonacci retracements I am watching for BTCUSD today :
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (35612)
TP could be @ Fibo level 0 (39849)
Again these are just EXAMPLES ; these are the simpliest way...
Origin Protocol 128% Move to $4 @ 127.20% Fibonacci level from Buy Zone 1. Since our Buy Script triggered a Buy Signal on the 27th March, Origin Protocol continued to rise for 13 days to an ATH of $3.36, which is just over 280% Gain. OGN has had a healthy retracement bouncing from the 38.20% Fibs from this impulsive move which saw OGN grow from...
Price Action: After reaching a high of $748, price retraced to the 200MAs @~$700 (where we took a long), and is now back up consolidating near the highs, giving us a bull bias.
Chart Patterns: We have an ascending triangle pattern, which typically breaks to the upside, giving us a bull bias.
Areas of Interest: The area(s) of interest for us...
Hey friends, we like Siacoin (SC) right?
We've been following this altcoin pair and trading it even before we came on Trading View... In fact, Siacoin was one of the first altcoins I ever bought together with Litecoin and Digibyte...
One of my friends here on Trading View sent me the following link, this is can be of interest to all of the Siacoin holders and...