Here's an ascending triangle formation for ETHBTC and it seems like Spoofy is playing ETH as of the moment which is bad for its growth. Expect ETH to rise slowly because of price manipulation. (I love new coins because price manipulation isn't visible.)
We have 2 directions:
1. Up - it seems to me that the supply zone above the top of the triangle is weakening. So we could retest the next supply zone which is stronger than the 1st one.
2. Down - If selling pressure will overcome buyers then expect ETH to go down. If BTC goes down, ETH will go down.
We have 2 directions:
1. Up - it seems to me that the supply zone above the top of the triangle is weakening. So we could retest the next supply zone which is stronger than the 1st one.
2. Down - If selling pressure will overcome buyers then expect ETH to go down. If BTC goes down, ETH will go down.
註釋
Wrong chart in the previous update註釋
Ethereum is going down to support levels. Should be going up soon before the August 16 Bitstamp launch of ETH.免責聲明
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