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Ethdominance

Ethereum (ETH) - April 12Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (ETHUSD 1W chart) (1D chart) We have to watch for any movement that deviates from 1997.19-2236.59. If it falls between 1917.39-1997.19, a short stop loss is required. However, it may rise along the uptrend line, so careful trading is necessary. The next volatility period is around April 20th. In the CCI-RC indicator, it remains to be seen if the CCI line breaks above the EMA line and continues the uptrend. As a result, volatility may occur, so careful trading is necessary. ------------------------------------- (ETHBTC 1W chart) (1D chart) It remains to be seen if we can get support at 0.035178 and break above the uptrend line to continue the uptrend. If it falls from 0.032373 point, a Stop Loss is required to preserve profit and loss. However, it may rise along the uptrend line, so careful trading is necessary. ------------------------------------------ (ETH Dominance (ETH.D) 1D chart) We need to see if we can get support at 12.05 and break the downtrend line. In order to turn to an uptrend, it remains to be seen if there can be any movement to break above the critical section of 12.94-13.64. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITFINEX:ETHUSD
by readCrypto
Ethereum (ETH) - April 17Good morning? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- We must see if we can ascend above the 2475.99 point. If it falls, we need to make sure we get support at 2236.59. In particular, it remains to be seen if it can rise along the uptrend line. If you go down at 2036.80, you need a short stop loss. However, you need to trade carefully as you can touch and climb the 1917.39-1997.19 range. If it falls between 1518.38-1598.18, Stop Loss is required to preserve profit and loss. --------------------------------- (ETHBTC 1D chart) Due to the volatility around April 18 (April 17-19), it remains to be seen if there is any movement that deviates from the 38761 Satoshi-40854 Satoshi section. --------------------------------------- (ETH Dominance (ETH.D) 1W chart) We need to see if we can break above the critical section 12.94-13.64. (1D chart) You should watch for any movement that deviates from the 12.05-12.94 section. We believe that the rise in ETH dominance is highly likely to lead to an increase in the ETH price. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITFINEX:ETHUSD
by readCrypto
Ethereum (ETH) - April 4Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- We have to watch for any movement that deviates from the 1997.19-2236.59 section. If it falls, you need to make sure you get support from 1917.39-1997.19. If you decline from 1757.79, you need a short stop loss. If it falls at 1424.40, you need a Stop Loss to preserve profit or loss. However, you can touch 1278.98 points and go up, so you need to trade carefully. In the CCI-RC indicator, it remains to be seen if the CCI line can rise above the EMA line. If the CCI line and EMA line intersect, volatility may occur, so careful trading is required. ------------------------------------ (ETHBTC 1D chart) We need to see if we can get support at the critical point, 0.035178 and break above the uptrend line. If it falls, you need to make sure you get support in the 0.033702-0.034249 range. If it falls from the 0.032373 point, a Stop Loss is required to preserve profit and loss. -------------------------------------------------- ---- (ETH Dominance (ETH.D) 1D chart) We have to see if we can ascend above 12.94 points. Touch the M-Signal line on the 1W chart and watch to see if you can ascend above the important point of 13.27. In the CCI-RC indicator, volatility appears to occur as the CCI line breaks above the zero point and the EMA line. Therefore, careful trading is necessary. We believe that an increase in ETH dominance is likely to lead to an increase in ETH prices. If the ETH dominance can be maintained above the 12.94 point, it is expected to continue the upward trend. -------------------------------------- If you look at the charts of most of the major coins, they are either rising near their previous highs or exceeding their previous highs. These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K. However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary. Currently, BTC is in the period of volatility, and the coin market is in the overheating zone. In this market situation, if you enter along with rising prices, the rate of return may be negative. The coin price is recording positive, but the yield of the coin I bought is negative. Therefore, if you are not familiar with same-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITFINEX:ETHUSD
by readCrypto
Ethereum (ETH) - April 1Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- You need to make sure you are supported between 1917.39-1997.19. If it falls, you need to make sure you are getting support between 1713.90-1757.79. In particular, it remains to be seen if it can rise along the uptrend line (5). If it falls between 1424.40-1518.38, Stop Loss is required to preserve profit and loss. In the CCI-RC indicator, it remains to be seen if the CCI line breaks above the EMA line and continues the uptrend. If the CCI line and EMA line intersect, volatility may occur, so careful trading is necessary. -------------------------------------- (ETHBTC 1D chart) We need to see if we can get support at 0.032373 and ascend to the critical section of 0.033702-0.035178. In particular, it remains to be seen if it can break above the uptrend line. -------------------------------------------------- -------- (ETH Dominance (ETH.D) 1D chart) It remains to be seen if it can move above the 12.941 point while breaking off the downtrend line. We believe that an increase in ETH dominance is likely to lead to an increase in the ETH price. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, you need to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITFINEX:ETHUSD
by readCrypto
1
Ethereum Dominance (Overview): It's strenghten!!!It's the first time that I analyze the Ethereum dominance. But I consider that this indicator it's hide information very important that people don't know as data analytics. I'm enfocous more in weekly timeframe and we see that Ethereum Dominance it's bullish. That mean that the Ethereum trend it's bullish in the price. For that, as Ethereum strenghten, we can to see in the next months a grow up of the Bitcoin ratio too. For that, the importance to know this hide information it's very relevant to understand what Ethereum do and maybe others crytpocurrency. Now, the dominance historic was around of 30%, the Ethereum dominance it's around of 12.40%, and it's grow up!!! And that it's my prediction for the Ethereum dominance throughout of the time. Guys, if you find up that this idea it's sound interesting, you can to share this analysis with others crytpocurrency traders to have a perspective in Ethereum!!!
CRYPTOCAP:ETH.DLong
by harisonhbn9718
Ethereum (ETH) - February 26Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We'll have to see if we can get support and climb from 1446.53-1521.57. In order to turn to an uptrend, it must rise above the uptrend line (5). If you go down from 1424.30, you can touch 1221.50, so you need to trade carefully. If it falls from 1179.40-1221.50, a stop loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the uptrend line (4) and go up. The CCI line fell below 100 on the CCI-RC indicator. As a result, volatility may occur, so careful trading is necessary. -------------------------------------------------- (ETH Dominance 1D Chart) We have to see if we can get support at 12.05 and rise above 13.27. I think the strength weakened as it fell from the 13.27 point. Accordingly, it is possible to touch the 10.95 point or the uptrend line. I think ETH dominance is tied to the ETH price. Accordingly, if the ETH dominance falls, I think the ETH angle will decrease. If it falls from the 10.95 point, it is expected to be in a full downtrend. -------------------------------------------------- ------------------------------------------ ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITFINEX:ETHUSD
by readCrypto
1
Ethereum (ETH) - February 11Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You should watch for any movement that deviates from the 1671.57-1821.59 segment. If you fall from 1671.57, you can touch the 1446.53-1521.54 area, so you need to trade carefully. If you decline at 1424.30, you need a short stop loss. We have to see if the OBV on the volume indicator can touch the 751.494K spot and turn upward. On the wRSI_SR indicator, the RS line is falling below 50. As a result, volatility may occur, so careful trading is necessary. On the CCI-RC indicator, it remains to be seen if the CCI line can rise above the uptrend line drawn and above the EMA line. -------------------------------------------------- --------- (ETH Dominance (ETH.D) 1D chart) (eng) You should watch for any movement that deviates from 14.26-15.02. If it falls below the 13.27 point, there is a possibility that ETH has lost a lot of power, so a plunge may occur. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
BITFINEX:ETHUSD
by readCrypto
1
BTCvsETH 2018 RecapHi all, M2S here with the first of many posts aimed at adding content to a community that has helped me so much in the last few years! Your two sats (play on "your two cents") in the comments are welcome and very much appreciated! What better day to get started with content than a market crushing buying opportunity! To get a better idea of what we may be in for this time around (assuming it is the next bull market) I am looking back at what has happened historically.I am comparing the Price Action and Dominance of both BTC and ETH to get an idea of how the top two cryptos acted at the 2017/18 top. The blue lines indicate BTC's previous ATH and the green lines indicates ETH's. BTC hits ATH on Dec 17 and ETH lags behind BTC by 27 days in reaching its highest point before starting to selling off. Notice the low daily volumes on each ATH candle with much higher volumes leading up to them. I was assuming we see similar movements this time around but realize it is a new time with new market forces at work as institutional investors have been piling in over the last few years. Will they make up a solid base here or will they short this market to hell? Let me know if you think! Thanks for checking out the idea, looking forward to your two sats in the comments. M2S *This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*
COINBASE:ETHUSD
by my2satoshis
2
Ethereum (ETH) - October 19Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We have to see if we can get support and climb at 371.0. If it falls from 371.0, it is a short-term stop loss. In order to turn the trend, it must rise above 385.68 points. We'll have to see if we can break strong above the critical point of 390.0 and break off the downtrend line (9). If the Volume doesn't increase, it will eventually fall. So, you should watch the Volume increase. -------------------------------------------------- ---- (ETH Dominance 1D Chart) It remains to be seen if it can continue to rise along the uptrend line (2). If it rises as it is, I think there is a high possibility that volatility will occur around November 1st (October 31-November 2). -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
BITFINEX:ETHUSD
by readCrypto
Ethereum (ETH) - October 7Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It fell below the short-term downtrend line (8). You need to see if you can get support and rise at the uptrend line (4). It is possible to gain support and rise from 302.70-318.16. However, I think it's a little bit more likely to decline. Therefore, if it falls at the uptrend line (4), it is a short-term Stop Loss. I think the next volatility period is likely around October 13. -------------------------------------------------- - (ETH Dominance 1D Chart) You need to see if you can get support at the uptrend line (2) and rise above 11.70 points. You should also watch to see if you are moving above the uptrend line (2) around October 9th (October 8-10). If it is located above the 10.99 point, we are expecting movement to create a new wave. However, if it is supported at 11.70, the size of the new wave is expected to be large. Therefore, I think it is most important to rise along the uptrend line (2). If your ETH dominance falls below 11.70 points, you're more likely to touch 10.99 points, so you need to trade carefully. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
BITFINEX:ETHUSD
by readCrypto
1
Ethereum (ETH) - October 2Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It has touched the 371.0 point and is falling. You need to see if you can get support at the downtrend line (7) and the uptrend line (4). You'll also have to see if you can climb above 350.63 points. When it falls on each trend line, it is a short-term Stop Loss. If it doesn't fall below the 302.70 point, I think it's likely to rise. When it starts to go up, it's time to see if it can break through the downtrend line (9). Around October 2 (October 1-3) is a period of volatility, so we think careful trading is necessary. -------------------------------------------------- ---- (ETH Dominance 1D Chart) You need to make sure you can get support at 11.70. You also need to see if you can move up along the uptrend line (2). If you get support at the 11.70 point, I think volatility is likely to occur around October 9. It fell after touching the important section 13.27-14.26. We have to see if we can ascend from 11.70 to 13.27-14.26. Unless it falls below the 10.99 point, the move to create a new wave is expected to continue. -------------------------------------------------- ------------------------------------------- About October 28, when maximum volatility is expected to occur, is about a month left. The most important thing is to generate money, so I think it's time to trade to earn money. ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
BITFINEX:ETHUSD
by readCrypto
1
Ethereum (ETH) - September 27Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We need to see if it can move up by breaking the uptrend line (5). If it falls, we need to see if we can get support at 350.63. You'll have to see if it breaks through the 371.0 point or 318.16 point around October 2nd. It is not expected that it will not be easy to cross the 371.0 point, but if it does, a lot of gains are expected. If it falls at each trend line, it is a short-term Stop Loss. -------------------------------------------------- - (ETH Dominance (ETH.D) 1D chart) It is on the rise with support at 11.70. We have to see if we can break through the downtrend lines drawn on the chart. -------------------------------------------------- ------------------------------------------- I think it is the period of volatility from September 21st to October 1st. Therefore, I think careful trading is necessary. ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
BITFINEX:ETHUSD
by readCrypto
2
Ethereum Dominance (ETH.D) - September 23Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- (1D full period chart) Breaking above the 9.30 point formed an upward trend. And, by breaking through the 10.99 point, we reached a bullish market. We think we are ready to create a new wave by breaking through the 9.30 and 10.99 points, which are important points on the ETH dominance chart. In addition, by touching the important section 13.27-14.26, I confirmed my will to create a new wave. It remains to be seen whether it will gain support and create a new wave at the uptrend line (2) and at 11.70. Also, I think it is important not to fall below the 10.99 point. -------------------------------------------------- ------------- (ETHUSD 1D chart) The ETH dominance chart and the ETH price chart look very similar. It remains to be seen if it can rise above the uptrend line (5). If it falls, you need to see if you can get support at the uptrend line (4). It is struggling as it declines from the 390.0 point. We need to see if we can climb above the 350.63 point. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
CRYPTOCAP:ETH.D
by readCrypto
3
15 Minute Time-Frame On ETHUSD Shows The Pressure Building Team Sparkster doesn't usually visit the 15-minute time-frame. SparksterSignals don't normally achieve high expected ROI due to the random-walk volatility at that granularity. However... the market is at a major cross-road to decide if the 2018/2020 bear trend is truly over... or if the market is still weak as short traders take advantage of FUD and push prices down again. Here on the 15-minute chart we can see recent trading ranges, with price now squeezing against the $380 level which we have mentioned numerous times in the past week or so. To re-state: Consolidation ABOVE $380 signifies a long-term change in market sentiment to a major bullish situation. Traders will be watching like hawks for short position opportunities or long positions before ETH rallies. Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
BINANCE:ETHUSD
by Sparkster
1