Ethereum it's seem that follow the same movement of Bitcoin do. So, guys, this is really excited me how Ethereum is make the same movement as Bitcoin do. Well, in this technical analysis, I will going to make there, but first we reccomend to closed up your short position as I did in my Bitcoin technical analysis, and also, I put in Bitcoin and Ethereum in buy to earn money in Prime XBT.
The situation of Ethereum is the same of Bitcoin that have in the bearish channel and also for midterm, we hope a Ethereum is continue this bearish channel and drop of lower level in the past years as $120 USD. But also, I should be to make a special technical analysis of some altcoins as I did in Bitcoin analysis. I like to trade cryptocurrency as I go in Forex do.
But in H4 timefra, this is a caution, this is not a shoulder head shoulder, do you know, Ethereum follow the same movement of what Bitcoin do, and if Bitcoin we see so bullish, why not Ethereum it's going to put a buy? But rememebr, that is discart and this is not a shoulder head shoulder because it's was invalid and I will going to explain for why of there.
This is a great explication of what we see, in the short term there are a higly possibility if Bicoin continue to up of $9,400 USD, Ethereum it's can be to reach at $240 USD approximately. Now, for me my target profit is to find up $231 USD.
And finally in this analysis Ethereum is have the same movement of Bitcoin, about the conduct of Ethereum as Bitcoin do, we have the same rejections, a double bottom, and the same characteristic as Bitcoin do in Ethereum.
So, guys this is my technical analysis and my little and quickly updated of what this cryptocurrency so volatil do. Also, for me a counsel, don't grow to hope that Bitcoin is going to longer, because Bitcoin and cryptocurrency are volatil and the price is so crazzy, up and down, up and down again, and we need to take a good support and resistance, and this I believe that is my great strategy to operate crypto because crypto are so volatil and it's not the same of Forex, because Forex I am very well and it's nice for my analysis, but crypto markets are another kind of markets and the movement are different of Forex, for me, it's reccomendaly for you to not still operation for long, or maybe if you operate in Daily you have more security than operate below of H4 timeframe, because Bitcoin is so volatil, so so strongest volatil.
That is my reflection for you and for me, dont missing this strategy!!!
The situation of Ethereum is the same of Bitcoin that have in the bearish channel and also for midterm, we hope a Ethereum is continue this bearish channel and drop of lower level in the past years as $120 USD. But also, I should be to make a special technical analysis of some altcoins as I did in Bitcoin analysis. I like to trade cryptocurrency as I go in Forex do.
But in H4 timefra, this is a caution, this is not a shoulder head shoulder, do you know, Ethereum follow the same movement of what Bitcoin do, and if Bitcoin we see so bullish, why not Ethereum it's going to put a buy? But rememebr, that is discart and this is not a shoulder head shoulder because it's was invalid and I will going to explain for why of there.
This is a great explication of what we see, in the short term there are a higly possibility if Bicoin continue to up of $9,400 USD, Ethereum it's can be to reach at $240 USD approximately. Now, for me my target profit is to find up $231 USD.
And finally in this analysis Ethereum is have the same movement of Bitcoin, about the conduct of Ethereum as Bitcoin do, we have the same rejections, a double bottom, and the same characteristic as Bitcoin do in Ethereum.
So, guys this is my technical analysis and my little and quickly updated of what this cryptocurrency so volatil do. Also, for me a counsel, don't grow to hope that Bitcoin is going to longer, because Bitcoin and cryptocurrency are volatil and the price is so crazzy, up and down, up and down again, and we need to take a good support and resistance, and this I believe that is my great strategy to operate crypto because crypto are so volatil and it's not the same of Forex, because Forex I am very well and it's nice for my analysis, but crypto markets are another kind of markets and the movement are different of Forex, for me, it's reccomendaly for you to not still operation for long, or maybe if you operate in Daily you have more security than operate below of H4 timeframe, because Bitcoin is so volatil, so so strongest volatil.
That is my reflection for you and for me, dont missing this strategy!!!
