OldHash
看多

$ETH- Compression for takeoff

POLONIEX:ETHBTC   以太坊 / 比特幣
As long as BTC             holds I see some compression within some past trend lines and SMA200. Likely to see a breakout towards the end of this week. Any plunge below these lines could mean more downside although support has held nicely since ATH             .
交易結束:達到停損點: Trend line broke..
I hope you are right!
回覆
i think its true
tnQ for share your idea
回覆
Really no expert in TA but it looks like a downward triangle ... not? Also no good news to kick off a rise of ETH and low volume. Makes still a bearish impression for me.
But really no expert talking here.
回覆
NoCode326 Perlentaucher
@Perlentaucher, Volume is important no doubt. The volume is low while the price is drifting lower but above major support lines. ETH has continued to bounce of the the most important lines - $210-$220ish, $250ish. In this scenario, low volume means the exact opposite of bearish. Conversely if a stock or crypto or any traded investment vehicle is moving higher on lower and lower volume, it is a sure sign that price is close to the top as there is no serious follow through - low volume lacks conviction and follow through. In ETH the movement lower lacks follow through, it's lacks conviction. This is bullish, very bullish. The lack of news is also good for ETH at this point. For if there is news, the price will rocket that much more. So many are trying to short this thing which is also positive for ETH. The shorts are going to be crushed in my opinion which will push the price up even higher.
回覆
@NoCode326, thanks for your detailed comment, appreciate that very much. What you are saying about low volume sounds reasonable.
But finally, it still feels like both BTC and ETH are overpriced. Especially when looking on long term logarithmic charts. But we will see,
i am fine with everything that happens next.
回覆
ZH 繁體中文
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
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出