I think ETH is going to breakout to a new highscore in december
- On daychart is a divergence bullish signal
- On daychart MACD is a cross over bullish signal
Just for educational fun!
I' am new to this area and I want to see if my firsts analysis has some credibility?
What do you think?
Thanks inadvance and have a nice day.
Hans.
As we can see the pattern highlited in green, when the bollinger band get very close a high volatile movement occurs and as we can see the RSI is very high to occur a new pump BUT as we know the market is crazy and can can occur a volatile movement to the upside.
I think ethereum is going down in the next hours by more a less 100€. Using well the lines and the bolinger bands we can see that it indicates a decrease, also the RSI is a little bit high (in the SELL ZONE) although it can stil increase meaning a increase in the market.
ETH got today to a new ATH (All Time High)
This pattern that i have is 70 percent accurate. Two parallel lines with at least 3 touches on the line on each sides means that is highly recomended.
entry price: 2591.98 profit price: 3136.06 stop loss 2345.60
Head and shoulder pattern, in this case the presence of an head and shoulder pattern isn't an inversion signal but only a breathing moment, we can discover it because the A, B, C aren't in the right position and the volume that follows these points don't present elements to confirm the inversion.
A long...
Update on Ethereum , on this Sunday at the end of September.
After the price hit the two targets I had predicted in the previous article, it kissed € 3,387 on September 3, and then suffered, following Bitcoin, the heavy sell-off of September 7, which reversed the trend of the largest share part of the cryptocurrencies.
At this time, although we are still...
KRAKEN
