Seems like the entire crypto market is in heavy correlation. This is ETHEREUM INDEX! Find similiar structure on ETHUSD chart and trade accordingly.
Same structures on BTCUSD, XRPUSD and ETHUSD. So all this applies to BTC as well.
At any case, we have enough DM qualifiers to define this as VALID and GOOD breakdown.
Max where price can go it is descending...
Last few weeks have seen all crypto's bleeding.
Going into the back end of march we can still see this uncertainty. The price movements in the markets arise from the millions of people who interact with it each day. The human component of the market prevail, emotions and instincts interchangeably, cause volatility.
1. The 11/03 saw a decline of -49%. Almost...
The technical analysis (interpretation) of price movement and chart patterns for ETH GBP.
The Fibonacci retrenchment instrument was used to indicate support and resistance levels from a yearly perspective. For investing follow cryptocurrency TA on the monthly or yearly. When you indulge in weekly, daily or swing trading risk significantly increases. If however...
Ethereum is looking stable because there is less dumps in previous months. While Ethereum road is clear to the moon. Because as we have experienced and check the stability of Ethereum it's cleared. People can easily trade without any fear. It can go easily to 1000 USD till September. Because the currency is looking stronger as compare to other.
I know I'm sticking my head above the parapet slightly by posting an ETHGBP chart but wanted to share my observations with you. The price has just broken through the resistance line and perhaps out of the wedge that was due to come to an end in the next hour or so. Could this be an indication of an increase in price? Maybe...
Hi fellow traders,
This is a strong possibility for Ethereum in my opinion. I'm not yet fully convinced this current bullish state will continue as we haven't even taken out any previous lows so far.
This idea is completely short biased analysis to predict a potential continuation of the bearish move.
I will publish a long biased prediction sometime soon,...
Low volume index supports bullish trend analysis.
price action on bigger frames support current trend.
Pair's total market cap is under 1 million and is just a matter of time before it increases,