Okay, So - We are definitely in the crucial stage of the bear market now.
We have touched the average price trend line that was previously set between may and July last year.
If we can continue to hold this we will see the beginning of a new average price trend of around $600 around may/june this year.
This means - Once we are out of this Crucial triangle it will begin to rise - I would be gettting the buy orders in now to take advantage of the new average.
My average price trend has been worked out via the start of Ether taking form and beginning to rise (£11) plus the maximum price it has hit ($1348) to where it is currently ($406) adding it all together and dividing by 3 (Start + High + current = x % 3).
I am relatively new to Crypto markets and TA, so I can guarentee that I may be out a little with timelines/prices etc.
However I do wish I had faith in my previous TA's.
As always - Don't invest more than you can lose - and invest responsibly, do your research, and make your own mind up, My TA's are purely my perspective on the current markets, based on what I see historically and currently.
We have touched the average price trend line that was previously set between may and July last year.
If we can continue to hold this we will see the beginning of a new average price trend of around $600 around may/june this year.
This means - Once we are out of this Crucial triangle it will begin to rise - I would be gettting the buy orders in now to take advantage of the new average.
My average price trend has been worked out via the start of Ether taking form and beginning to rise (£11) plus the maximum price it has hit ($1348) to where it is currently ($406) adding it all together and dividing by 3 (Start + High + current = x % 3).
I am relatively new to Crypto markets and TA, so I can guarentee that I may be out a little with timelines/prices etc.
However I do wish I had faith in my previous TA's.
As always - Don't invest more than you can lose - and invest responsibly, do your research, and make your own mind up, My TA's are purely my perspective on the current markets, based on what I see historically and currently.