Ethereum Double Bottom

25 Sep 2020

Oh, look, I know it's childish but Ethereum looks to me like it has put in a nice double bottom here on the daily chart.
I'd say also that you can see an ABC correction here.
The candle on 5th September shows a lot of volume buying up at this level of support and a teeny bit higher than average volume over the last couple of days.

I like the KISS principle (Keep It Simple Stupid) so I'm not going to draw loads of other pretty trend lines etc, and , if we break this pattern, well, I guess Ethereum has told me to KISS it's .....

I'll let you work that last part out yourself.

1 Mei 2021

Dagangan aktif

Well, this turned out well.