Giovi6969

Ether's "Hope: a recovery is possible"?

Panjang
KRAKEN:ETHUSD   Ethereum
Lots of similarities in the structure and cycle type of pattern on the weekly chart, i found it interesting for study purposes.
Even Rsi is very similar as a possible confirmation.
Yes it could be the buy opportunity of the decade for Ether, but it is a very risky bet, stop loss needed or no hesitation to manually sell if plan fails, don't get attached to your coins.

3Day candle chart confirms the same behaviour with Ether starting to (possibly) reaccumulate right below the blue MA

Take care
Penafian

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