ETHUSD today analysis, 190924. Much worse than expected.Hello my friends. It's Cryptoranger K.
Few hours before this article, the price of ETH dropped momentarily to $182 and then rose. I saw this and accepted that the future drop would be at least $182. If you look at today's spot, below is the intersection of the 20-day and 50-day lines. This is the support of the candle today. Also up there is the intersection of the 5 and 10 day lines. This is the resistance of the candle today. I expected today if the candle touches the resistance above and falls back, the end of the drop would be near $190. But in the length of yesterday's candle and today's candle, I think the strength of this drop is getting bigger and bigger. So I thought the end of the drop could go below $190. As of today's chart, the MACD is showing its appearance before making a dead cross. If the daily MACD shows a dead cross, I think the drop could fall to $180 or mid-170.
Ethusdshort
ETHUSD will hit at 669 Dollars."In the name of Allah, the Most Gracious, the Most Merciful"
ETHUSD Target is 669 Dollars.
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
#ETHUSD#Ethereum, Will the positive momentum hold up?the crossing of the stochastic plus its high enough level indicates that the correction has not finished.
the second reason for our bearish signal is the proximity of resistance to $ 230
All cryptocurrencies are under pressure for some time.
Target: $ 184
ETHUSD Movement in the sideNew cryptocurrency market!
New set of positions on Ethereum
On the market survive not the strongest but those who are flexible and quickly adapt to the situation.
I recommend you not to look at the market as if it is 2016 - 2018, as it has changed , and now there is the process of muscle building to the skeleton that was formed 10 years .
Now on the market are guys from Wall-Street, who have extensive experience in algorithmic trading.
What do they have ?
-Trained neural network of algorithms from the world stock market;
-The best sluice, channels and data centers;
-Hundreds of millions of dollars in order to move the market in any direction and make you think as they need !
They came here to blue sky, open field of hamsters (fish ).
Because the market is so jerky, going up and then down. Their first test model was Bitcoin , without reasons and warnings, it has grown so quickly , and on this growth it Cuts all people and will cut even more.
As for the altcoins , I am sure that the majority opinion is unambiguous ,HATEFUL OPINION .More Negative than positive .
If you think that no one is manipulating you , then you are in the hands of professionals.