Hello traders, I hope you're doing well. Apparently a downward channel is being formed, as suggested by the grey polyline. After testing again the resistance at 1381 EUR, we might expect a retracement up to the area signaled by the purple rectangle (Fib 0,618 and 0,50). As you can notice, KDJ signals overbought, momentum is decreasing, and MACD histogram has...
ETH/BTC -testing the downward trendline resistance -decision time, break or dump? -for bulls entry; buy close above 0.026 -target upside is up to 0.04
I was about to publish my ETH idea the other day (red line) although I regretted it and decided to wait to see how the price development happened. Today three days later we can verify that the price, more or less, remains stable within the ascending channel drawn. What to expect next? Buff, so weekend is ahead and we are also giving way to the last week of April,...