ETH in decision zoneETH / USDT
ETH in decision zone
Yes most likely Bullish but not confirmed yet
You can see in chart confirmation areas for buy or sell
The confirmation of uptrend is:
Breaking current high and do a successful retest
The confirmation of downtrend (reversal) is : Breaking down trendline and also green area around 1200$
Trendline in Violet color very important support for bulls
good luck
Ethusdidea
Ethereum Fib TimeUsing fib time to plot up and down cycles for the future of Ethereum
Lets just hope quantum computing doesn't catch up to commercial application!
Personally i think this is what will be the downfall of Cryptocurrency
We have some time however, Fib Time ;)
Currently in an Up Cycle, with a premonition of a parabola
Ethereum ready to take offIn my previous EthUsd analysis I said that I strongly bullish on this crypto and I expect 3k to be reached. My opinion is not changed, more, is reinforced.
If you'd looked at price action these past few days it is clear that dips under 1200 were bought aggressively and bulls are in total control.
At this point Ethereum is trading in the last recent high zone and slightly under its all-time high, and I expect a strong break above.
Although is far at this point, but only a drop under 1000 would change my strongly bullish opinion