Ethereum (ETH): A Fractal About This Time Last Year
SUMMARY
About this time last year, Ethereum (ETH) was going through a tumultous correction. Many were getting their panties in a bunch and panic selling without regard for the "long term greedy" potential. Fractals of this type of similar corrections can be found throughout the past trend of ETH.
The correction then completed and a massive vertical price move showed up to the dismay of all weak hands who were suddenly caught by FOMO.
Here we are currently. I ask you, is this the time to be taking SELLING actions or BUYING actions?
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Don't know how much of the order book is fake, but there is a lot of support. There are 5.4 times more buy orders than sell orders.
Price broke the daily trendline and RSI broke the trendline. Ethereum looks like it wants to go higher. Price needs to take out the sellers at $445 (yellow circle) for confirmation.
I would say and suggest that shares are bought if the trend rises since it would be repeated also must see that eth takes several days in a bullish climb so you may make a correction to wait to see how things are given and what options gives the market
I like this blockchain
I appreciate your cryptocurrency news
Thank you friend to share your opinions about
Ethereum. I bought it @$950 but still hope it would be double this year.
Expert comment please.
@haejin Please analyze Recovery Right Token (RRT) bitfinex!
There are too many ICOs waiting to sell their ether. Think about EOS and similar project that will unload billions USD of ETH on the market.
Very informative
Nice info man, great work.
good post @heajin. I love it. and i upvote you. i like looking for bitcoin information. thanks.