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Ethereum Trading - Time to invest in ETH Cryptocurrency? AUG 29/18

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  • Ethereum Trading - Time to invest in ETH Cryptocurrency? AUG 29/18



    ETH Trading and ETH Cryptocurrency Investing

    August 29 2018


    Trading ETH, ETH charts,

    ETH explained
    ETH price chart


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    in this video we're going to take a look
    at the price charts for ethereum to see
    if it might be in a position for a
    turnaround and another surge higher


    when we look back over the
    historical price charts we can see that
    in 2017 like many of the alt coins we
    saw in March and April a nice strength
    rise up and then all the way through
    June we saw an enormous move in
    ethereum as the market was very excited
    about this technology

    like all of the
    old coins we saw a big long down trend
    throughout 2017 we saw a bottom in
    December but this one spiked even much
    lower than many of the other altcoins
    compared to their historical past

    we do
    see a 1-2-3 bottom formation and then
    through January from February much
    higher prices in ethereum before a
    volatile up-and-down trend throughout
    the year instead of a long steady
    downtrend like we saw in many of the altcoins

    so when we zoom in to the
    three-month view it's not looking like
    the turnaround kind of formation that
    we're seeing in many of the other
    altcoins

    we do see a low here in the 13th of
    august but we see even lower prices here
    by the 26th so it's not giving me the 1 2 3 bottom formation that I like to trade

    it still needs more time to mature
    in that formation.

    prices would have
    to come up to these levels come back and
    make a retest and then show greater
    strength above these levels before I'm
    really bullish about ethereum.

    it
    may be that it's going to do that but I
    really need for the it to take the time
    to go through that process and show some
    strength that matches what bitcoin is
    doing

    right now it's not quite doing that
    ethereum trading
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  • #2
    Live price charts for ethereum - default view 1 day bars
    Trade on Binance - Check out this Crypto Tax Tool

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