Possible Ethereum Weekly Pattern Forming
Atualizado
Likening Ethereum's rise to that of a tech start up: we see heavy interest from investors with tons of good news and updates to the platform pushing eth to all time high >>> investors become aware of scaling issues with ethereum and bitcoin hard fork drives fear and speculation so the dump from all time highs begins >>> bitcoin regains strength and pushes for and breaks all time highs as does litecoin, ethereum follows suit but does not establish a new all time high (wick not candle close) >>> investors are now wary of a new hard fork and lack of timeframe on proof of stake for ethereum.
Possible weekly scenarios:
Eth forms weekly equilibrium/tightening pattern until progress on PoS
Eth bounces (soon) and breaks all time high to follow suit with bitcoin
Possible weekly scenarios:
Eth forms weekly equilibrium/tightening pattern until progress on PoS
Eth bounces (soon) and breaks all time high to follow suit with bitcoin
Nota
Tightening weekly on eth: ATH at 420, bottom at 130, lower high at 397, higher low at 201, lower high at 351, higher low at ??? How long will she coil til she breaks?
Aviso legal
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