Hello Crypto enthusiasts!
As many of you already know, ETH is closely correlated to the number of ICOs at any point in time, thus recent uncertainty with regards to 'ICO' regulatory environment is affecting the price movement.The next major event which would affect ICOs is related to the G20 task force recommendations scheduled in July. Hence, I would expect the...
Hello Crypto enthusiasts!
Now that the last bottom of USD 460 has been crossed (past analysis attached), I believe it is time for an update, so here we go!
Taking a step back to the 1 Day view, as indicated in the chart, a Head and Shoulders pattern emerged on November 12 2017 (approximately), and is expected to end on April 5 2018. We are still in a bearish...
Hello Crypto enthusiasts!
I developed this chart around 24 hours ago but didn't get to publish it, so there you go!
I believe my last published chart still holds in the near/short term, but you should tune up your trading or investment strategy based on your personal preference, hence the following analysis.
As indicated in the chart a Head and Shoulders pattern...
As many of you already know, ETH is closely correlated to the number of ICOs at any point in time, thus recent uncertainty with regards to ICO regulatory environment is affecting the price movement.
At the moment, in the near/short term, as can be seen on the chart I believe the price would be range bound with USD 525 as a support level and USD 566 as a resistance...