wsindel

wsindel

 Ethereum has maintained a bullish trendline going back to early December. While the market today had difficulty above the previous day's high, the rounded bottom pattern combined with a lack of overbought momentum positions it for a test of the previous lifetime high.

wsindel

The nascent cryptocurrency markets have already shown themselves to follow technical patterns and rules in the same way as traditional assets do. The fact that the underlying is sometimes difficult to explain doesn't mean that the price behavior needs to be. Through many of the rallies, Fibonacci retracement levels have shown to be excellent opportunities to buy a...