Some TA for a sharp professional friend of mine.
ETH - had a double top recently, but that failure to break a price threshold 2X did not collapse ETH, but rather it has retreated a bit a form a nice consolidation - note the 2 weeks of rest at the Fibonacci .382.
great triangle forming (I call that pattern 'the fish', but never mind)...in fact, it seems ETH is a few weeks ahead of LTC.
MOST important - note how ETH broke the pattern. WATCH for a confirmation of breakout, i.e. a downward move to rest ON TOP of the triangle/TA line, then look for volume.
I myself am a ETC fan, both are looking promising.
ETH - had a double top recently, but that failure to break a price threshold 2X did not collapse ETH, but rather it has retreated a bit a form a nice consolidation - note the 2 weeks of rest at the Fibonacci .382.
great triangle forming (I call that pattern 'the fish', but never mind)...in fact, it seems ETH is a few weeks ahead of LTC.
MOST important - note how ETH broke the pattern. WATCH for a confirmation of breakout, i.e. a downward move to rest ON TOP of the triangle/TA line, then look for volume.
I myself am a ETC fan, both are looking promising.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.