UbahJeremiahIfeanyi

UbahJeremiahIfeanyi

In reviewing the present Ethereum chart, a noteworthy trend emerges as ETH consistently upholds a strong position above the 100-day Exponential Moving Average (EMA), represented by the orange line. This particular EMA is a crucial indicator reflecting the prevailing long-term market sentiment. The consistent maintenance of this positive posture, coupled with...

UbahJeremiahIfeanyi

I have observed the emergence of a potential Double Bottom pattern materializing on the 30-minute candlestick chart. This pattern is indicative of a reversal trend, suggesting that after a period of consolidation, the Bitcoin market is poised to breach the critical resistance level around the 48,000 region. Analyzing the chart, we note the significance of the...