Weekly Time-frame
We are looking at Ethereum right now and it’s forming a symmetrical triangle which is neutral breakout. Awesome Oscillator (AO) is bearish also. We are below in our symmetrical triangle pattern which is Bearish.
1D Time-frame
Bouncing Area @$2,500 needs to hold or else it will drop harder. AO in daily time-frame is already Bullish....
In an update to yesterday's analysis, MANA chose my first route down. On a good note, it didn't create a rising wedge? I'm just kidding. With all that is going on globally, the economic trends are sentiment-based, day to day. I do think sellers are just as hesitant as buyers are right now. I am sitting tight. I'm lucky I placed my stop loss low enough at...