a possibility.. the red arrow could be a false breakout
As you can see we are heading for an interesting spot! If the Price Rebounds too strong at the yellow spot, it could speed up and end up badly.. Will the bubble burst or will we have another round of glory? Important for the market would be some fresh Money, a lot flew into Ethereum in the last days. Good luck!
breakout of the red flag or building a new/bigger flag (orange)? i think orange!
Long or short? maybe cryptomarket corrects a bit more..
Correction was logic! Well, in the end ist always clear ;) But look how nice is this! What a beautiful pattern would this be!
What a day! it was time for a correction and, how simple is this, all together corrected, and here, i dont know why, MONERO!
Of course ist just an idea.. Just look when the price is at which resistance/support line!
Nearly all the cryptocurrencies are booming, but what about GOLEM. The idea of a supercomputer based on a blockchain is pretty nice, so why is the price still low compared to many other currencies? Maybe because they already have a big market cap? close to 0.5 Billion $ is a lot of money for a young Company ... but if you see it like this,the whole market is...
You can see two possible moves for Ethereum, it is a bit more bullish than Bitcoin at the Moment! of course it has not to drop this far, this would be a slightly bigger correction here..
After this enthusiastic boom of Bitcoin and the cryptocurrencies here an idea of a correction maybe due to some bad news from China .. or it goes on up to the moon! ;P