Sousa_Anto

Sousa_Anto

The price completed? On the other hand, the price reacted and it looks like it is taking the direction of the predominant trend again. We are on the daily chart but this is the best scenario that we already have for Ethereum and for the direction of these days or weeks.

Sousa_Anto

Overall, the current situation and the drop in Bitcoin prices are the result of an abnormal situation that has affected all financial markets, and cryptocurrencies have not been immune to the selloff. However, its fundamentals remain solid, which is likely to encourage greater adoption and higher price growth in the long run.

Sousa_Anto

People should be noted that no technical indicator is correct 100% of the time. Even when multiple indicators converge on the same conclusion, prices could still react differently than expected. The best a trader can hope for is an increased chance of making a decision they feel good about, based on available information.

Sousa_Anto

Broadly speaking, investors want to buy when markets are low so they can sell higher at some point in the future, and thus make a profit. Conducting technical analysis before entering a position is one way to try to identify price levels that might be considered low. There’s no single, all-encompassing method for crypto technical analysis. Each trader will prefer...

Sousa_Anto

Hopefully the crypto world just got better, this is a loop of the crypto market and what you’d get in 1year two years thereabouts