ETH has fallen from the bear flag , and formed a small new downtrend channel (blue dots).
It's currently pushing into the 200 EMA , as the sell-side momentum continues to pick up. Taking a closer look inside of this new channel, we can see that there was a decent amount of action around the 50 EMA (in orange,) which produced two failed attempts break above.
Ethereum wants to go somewhere, and clearly, up is not the direction that it wants to go. It appears to be building a small bear flag on top of the 200 EMA , which increases the likelihood that it will break
wait, but the MACD is slowly gaining pace in the bearish zone and the RSI is currently struggling to move above the 50 level!!! That's gotta be science, no?
from my own analyzes. The ETH beer will experience a further decline and will continue to experience a further jump.
The btc correction was something I luckily avoided. But, didn't know about the eth downtrend. Gonna have to jump at that opportunity.
If BTC goes down everything does.
ETH has fallen from the bear flag , and formed a small new downtrend channel (blue dots).
It's currently pushing into the 200 EMA , as the sell-side momentum continues to pick up. Taking a closer look inside of this new channel, we can see that there was a decent amount of action around the 50 EMA (in orange,) which produced two failed attempts break above.
Ethereum wants to go somewhere, and clearly, up is not the direction that it wants to go. It appears to be building a small bear flag on top of the 200 EMA , which increases the likelihood that it will break
ETH is following BTC, its pretty pointless to do TA of any coin other than BTC right now.
damn, doing technicals on a coin is a joke. i'm better of reading tea leaves or taro cards.
I prefer chicken bones personally.
wait, but the MACD is slowly gaining pace in the bearish zone and the RSI is currently struggling to move above the 50 level!!! That's gotta be science, no?
Buy! Buy! Buy!!!
I am on Bittrex right now or I would. Aint no way I would leave some 900 dollar ETH like that!
Wow.. it's extreme -__-
What do you think about sbd? will grow? D:!
So far it has been growing even when it really shouldn't be. Its a coin where there are very few of them so price pumps can happen almost by accident.
$994.21 on CMC still?
Its crashing hard, looks like BTC is taking another big dump right now. I just caught it right in time and lost 200 bucks :(
I swear man, I can cause this shit by simply getting comfy for a second.
do you guys see major pricing inconsistencies between the exchanges? it looks like some of the Asian premium went away in the last week.
Its not uncommon for exchanges to have different prices for sure. Especially Asian exchanges.
I would expect the exchanges to consolidate, eventually, with majority of volume being traded on maybe 4-5 exchanges.
You should use bittrex.
I use Bittrex, I was watching the value on poloniex. It seemed to crash there first.
ARBITRAGEEEE TIME BABYYYY !!!!!!!!!!!!!