Very simply review of 2017 & what we can look forward to in 2018.
I personally believe BTCUSD is still in a downward trend w/ H&S to be confirmed soon (it's now making lower highs & lower lows). In this context, many coins are going down against USD. With POS coming for ETH, I think it's interesting to look at ETHBTC.
In my previous post wrt ETH, I mentioned the ETH should be more resistant against selling. Against BTC, there's potentially
1. an inverted H&S forming, but volume hasn't been strong enough & the neckline isn't broken.
2. a rising wedge, which may lead to further falls.
In this context, we should use caution. My personal take would be to sit this one out & maybe invest in some cheaper coins with more upside potentials.
I personally believe BTCUSD is still in a downward trend w/ H&S to be confirmed soon (it's now making lower highs & lower lows). In this context, many coins are going down against USD. With POS coming for ETH, I think it's interesting to look at ETHBTC.
In my previous post wrt ETH, I mentioned the ETH should be more resistant against selling. Against BTC, there's potentially
1. an inverted H&S forming, but volume hasn't been strong enough & the neckline isn't broken.
2. a rising wedge, which may lead to further falls.
In this context, we should use caution. My personal take would be to sit this one out & maybe invest in some cheaper coins with more upside potentials.
노트
Here's my take on the price movements in general: jlteng.com/economy-business/cryptocurrency/price-movements-on-crypto-exchanges/노트
Confirmed reversal노트
Very bullish now. We may just see 0.15 again soon (esp if they have the POS fork).
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.