KRAKEN:ETHUSD   以太坊 / 美元
Did a TA on ETH/USD. It seems like ETH is consolidating towards $605 based on fib 0.236 levels and also consolidation point after charting support and resistance level. Not only that, the volume these few days are pretty low and its a good sign because i strongly believe that for the crypto market to mature and fully grow, we need some sort of stability before that can happen. Because we need stability for merchants to start adopting cryptocurrency (or at least thats what i think). However, i am still neutral on my position and we will have to wait to see the candle before the breakout to determine whether it will be a bullish one or bearish one.
So you’re saying it’s going to go either up or down. Great help. Thanks
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