Giá lên

ETH Ethereum Possible Reversal for Cryptos OR Not??? (1H Chart)

BITFINEX:ETHUSD   Ethereum / Đô la Mỹ
I'm studying Cryptos quite a lot. They've taken a massive interest to me.

Following the little stock market crash a few days ago where we saw indexes like DAX , SPX and FTSE all drop by a good 3-5%. Which all now seem to be rising in value.
We've seen that most Cyrpto markets have been on a big bearish move.

Now the thing is, when Bitcoin drops in price. So do many other coins and tokens. Largely because BTC is exchanged to a lot of these coins. When the price drops, the investors interest is also lost.

Back to the chart we can see we've had what appears to be a strong bullish movement with a lot of buy orders being placed.
Many people might suggest this is a reversal. However, as of the past hour I've picked up on divergence in MACD and the exponential averages are levelling out.

If I was to make an educated analysis of the charts, I would say we are entering a consolidation or a channel. I believe the long term action is >>> BUY <<< but expect the price to remain very unpredictable, at best.
I base this prediction on the fact that overall ETH is based on better technology and transaction rates are superior to Bitcoin . They still remain correlated however.

Keep an eye on the moves!!!

Good luck people!
Your forecast was right! :)
+1 Phản hồi
Joshua_nate ccerezo11
@ccerezo11, thank you bro, I hope to continue getting better!
Phản hồi
+1 Phản hồi
agree, dont think its over yet. I bought an eth at $610 during the recent dip which is nice tho :D
+1 Phản hồi
Looking good bro! Nice analysis
+1 Phản hồi
Joshua_nate ccerezo11
@ccerezo11, Thank you very much bro!
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất