Finally here is the # 10!
Yesterday we saw a capital increase in the crypto world, important projects are developing towards decentralization.
Here we see a BULLISH ENGULFING, the market has been in a strong downtrend, the first candle is bearish, the second is bullish, the bullish candle is bigger than the first. This pattern is a clear reversal signal.
We can see starting from April, the beginning of the bullish phase, that the trend has not changed.
We find BTC oversold, in a tracing and accumulation phase called CORRECTION.
Obviously it is a dangerous and difficult point to understand.
If BTC is in a bullish phase then it does not go down under this support (8k).
In these cases the fundamental analysis works...
Ladies and gentlemen, I present Eth in a bigger vision !!
We see in the graph that the volumes coincide, ATR is similar and the possibilities of a bull market exist given the numerous projects based on Eth.
New ATH we arrive!
We can see how the price does not fall below the main support line.
Chance that the consolidation is over and we are moving towards a bullish phase.
The news is good, after the release of version 1.8 we are waiting for the release of VOICE.
To stay up to date follow me and don't miss the latest news.
If you have questions DM me.
Best regards .
I am back friends ;)
I want to share my opinion ,
Trens still bullish.
Probably inversion candle to new high !!
Stay tuned much more ideas coming soon ;)
Share with friends trader and follow me ;)
Let's move on to serious things, Eos is the best basis for decentralized applications currently on the market.
We know that on Sept. 23, there will be a blockchain update (1.8 vers.).
The update brings huge changes to the blockchain.
My idea is that we are moving towards a new cycle.
Let me know what you think ;)
After a consolidation we are approaching a weekend of fire.
The trend remains bull.
We are playing on a support and resistance which according to the Wyckoff pattern is of accumulation.
Wait for more updates, follow me and let me know what you think.
to stay up to date on all the latest and real news, trading patterns like that of Wyckoff;)