Today ETH has surpassed the 0.382 fib support many times these past two weeks and went under it again to retest the 0.236 and near support area, it surpassed the 0.382 fib support AGAIN today, has ETH recovered from the crash?
The idea down bellow explains more about it, make sure to check it out
I am extremely bullish on Ethereum , we can see that a symmetrical triangle has formed, and the 50 EMA going above the 200 EMA meaning that we are going to pump.
ETH is about to pump tonight, because: today the 50 EMA went above the 200 EMA which resulted to a *GOLDEN CROSS*, people are not overbuying ETH which means that people can overbuy soon, and let the RSI trend go up until its overbought and people start selling again; let's not forget the bullish flag pattern that is forming right now.
ETH has been flying the recent weeks, but it started to dip with the whole crypto-currency market yesterday 5/19/2021, is this crash similar to the 2018 one? Will the crypto market CRASH again?
The ETH price has been going down this week for several reasons... We can see that the RSI trend reached the upper band (over bought) to pump the price, than we saw a massive seller wave when Ethereum reached an ath (all time high) A diamond pattern has formed which will lead to a market going down, but in the same time we can see that an descending wedge is...
