Before Jumping High, Squat First!

31 Dis 2018

ETHereum is in a standard Triple Jump Development.
Before jumping high, it is better to squat first.

Pricing increased and Trading volume is smiling, increased, too.
But after X'Mas to New Year period, trading volume was slightly decreased.

The trading volume is too small to breakthrough the major pressure.
It looks like the price is attracting some lock-up floating to escape, in that case, if the price can Squat, then Jump, then can jump high.

31 Dis 2018

Nota

Similar pattern found in
(1) Brent crude oil in 2016 Jan to Feb(UKOIL), and
(2) DowJones Index (DJA) recently.

(1) Brent Crude Oil took around 8 days around neckline for narrow price movement, then breakthrough. (Daily Chart)
Link as follow


(2) But Dow Jones Index only took around 4 hours for completing the breakthrough process. (30 minute chart)
Link as follow


Sorry don't know how to insert chart here, therefore, please click the link to see them.

31 Dis 2018

Nota

OK
Now I know just put the link, can insert the chart.

2 Jan 2019

Nota

300 hours average provide a very good support.
Standing above 50 day average for 5 days.
Pattern from a flag.

2 Jan 2019

Nota

Just leave a record of fighting pattern

2 Jan 2019

Nota

9 days average cross above 50 for 2 day.
Trading volume increased.
Cross trading between ETC and BiTCoin.
Let's see can it challenge 161 or not?

Bitcoin :
-stay above 9 days average for 2 days, and
-9 days average does not cross over 30 days average,
-price is still a little bit lower than 9 days average.(pressure).
-A little bit distance between 50 days average.
-Bitcoin Trading volume is still quite.

3 Jan 2019

Nota

Trading volume ratio with Bitcoin from 33%(normal ratio) to 64%(Yesterday).
Now back to 2nd market cap among the alt-currency.

3 Jan 2019

Nota

Dow Jones 1-2-3 Trippe Jump

Will it be the same pattern?

4 Jan 2019

Nota

Brent Crude Oil has the same pattern.
Jump, Jump, Jump.