On the long-term map of Ethereum (logscale/daily candles) I see signals for potential downturn. I am certainly a supporter of Ethereum, but I’m not very happy about the six months outlook.
I have a number of issues:
1: There is no prospect for a solution with regard to scalability.
2: Assuming that Wirth's law is also applicable to Ethereum, without scalability...
Admittedly, a currency with such a short history long term TA is a bit out of the blue because there is not much data to build on. This theory focuses on very rough price development with regard to the trade cycle for the next six months.
Fundamentally you see that behind the scenes hard work is being done on business support and platform support and more and...
I probably go against all the TA rules with this chart. It is a theory, so take it for what it is. I changed the map setting to log scale and looked for patterns. My intuition already said that the last months of 2017 the whole market was in overdrive and not sustainable. From this perspective, it seems like we are going back to natural growth, comparable to the...
