Just confirming my thoughts that ETH follows BTC like a puppy... So if the bears are back in town for BTC, ETH is sure to follow. Hit a like if you found this useful ! Thanks, Ev
On the BTC chart here you have from the top: Bollinger Bands indicating a slightly overbought market, Balance of Power indicating a current strong sell off, Relative Strength Index indicating a neutral 50 meaning no trend of momentum currently in any direction, Stochastic chart indicating momentum upwards towards overbought territory. According to the 3/4...
By looking at the chart above, you can see a strong correlation between GOLD and BTC movement. In-explainable, but the charts tell their own story. We just FOLLOW THE TREND. My long term prediction is BTC will surpass gold and become gold2.0. NYSE:GOLD BITSTAMP:BTCUSD
As much as we love to stare at charts and over analyze chart trends and lines, Bitcoin has often proved to be an exception. My personal opinion is regular chart analytics don't necessarily work when it comes to BTC. My short term prediction is a breakout . A great selling opportunity ahead in the next few days for short term and swing traders. Hopefully you...