Hello friends!
Look at this analysis in MATIC:
We see Matic's weekly chart and its large drift from the all-time high.
Purple line:
Note that this line serves as an important support in this sideways process of Matic. However, it was lost the week of August 28th.
See the red signal on the chart, showing the rejection that occurred in an attempt to remain...
BINANCE:ETHUSDT BITSTAMP:ETHUSD
COINBASE:ETHUSD
In my opinion, ETH should follow its correction and test the low, maybe even renew lows.
In this last upward movement we had some divergences for price and volume.
The price is also trading in the resistance zone allied with the EMA 200, a dangerous zone to look for buys.
In my view, this movement is just a...