Price is currently supported by the Fibonacci spiral, which is a descending scallop Price is also currently entering a new fib ring, this should cause some volatility
Dragonfly doji,'is a type of candlestick pattern that can signal a potential reversal in price based on previous price action'.
0.94 regression downtrend, there is no good entry until a shift in trend can be observed and Pearson's R value declines, as it is quite strong currently in this downtrend.
0.86 regression downtrend, a lot of accumulation can be seen in the past couple of weeks.
Technical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based...
Technical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02450000 to 0.02247455). if so, traders can set orders based...
Technical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . . Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . . Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more...
Technical analysis: EthereumClassic/Ethereum is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 52. Trade Setup: We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.07.2018. Take Profits: TP1= @ 0.0336 TP2= @ 0.0384 TP3= @...
Technical analysis: EthereumClassic/Ethereum is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 52. Trade Setup: We opened 10 BUY trade(s) @ 0.03178736 based on ' Bullish Engulfing' entry method at 05.07.2018. Take Profits: TP1= @ 0.0336 TP2= @ 0.0384 TP3= @...