For Educational Purposes Only. Trade at your own risk! I had posted this a few days ago but my post was removed, so I am attempting this again because it's important. I apologize if some of the information is now irrelevant.... the market moves fast. There is a lot going on here. There are a few points I want to explain that correlate to the points on the...
Educational purposes only. Trade at your own risk. Each dead cat bounce since our initial capitulation at $6000 back in February has caused a breakout, however what is most interesting is each bounce has reached 14-15% less than the previous high on the way down. You can't draw a straight line to connect these due to the timeframes, but it's quite obvious what...
Something interesting has been happening on Ethereum Classic (ETCBTC) in the last day. There's been a huge dip in volume after it jumped from .001750 to .002300. There was definitely a bearish divergence that was indicative that the price was going to pivot to the downside. We've been falling since then, but for the last ~18 hours there has been a strange uptick...