Tag - ethusd

The latest important turnkeys from ETHUSD market

Let's read the story from ETH chart. 1/ Entering the downward trend stage after breaking down the previous balancing wedge.2/ Panic3/ SLKB2+3 formed the bottom line of the new balancing wedge. 4/ SLKT and formation the top line of the new balancing wedge. Why balancing wedges are important? They help you to...

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ETHUSD chart reading

#ETHUSD reached yellow resistance line. 1) After a fake penetration of yellow line, #ETH market started to act weaker than Total Crypto Index (Blue area). This is confirmation of the weakness concentrated around 155. 2) Mini Trap revealed the unwillingness of bulls to move higher. Despite clear facts of weakness around 155,...

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