Usually In technical analysis the last move after break out of the triangle is final move before the trend reversal. One of the reasons of following behavior - triangle is usually pattern of the wave 4 by Elliot count, breakout is wave 5 and after that we have an ABC correction or higher time frame trend reversal. ON ETH/USD daily chart We see the price was...
BITFINEX:ETHUSD has been recoring nicely last week or 2. It has established. Lots of higher lows been made and also higher highs. This is a short time frame - would love to see $250 soon!
Hey guys, Even though i have been away for a while,i have been keeping an eye on the things going on. Studying Ethereum,i've notice that the graphic can be structurated in multiple parallel channels,that are well-respected. As i've highlighted in the graphic above,we've broken out of another one of this channels.Last time we've seen this accompanied by a ...
Traders, Here we have ETHUSD 4H Chart. A perfect example about Gann's method, so let's know more about Gann's way to trade. History, has some uncomfortable but exciting things to say about predicting market movements. He said, "TIME is the most important factor in determining market movements and by studying the past records of the averages or...