Anyone want some quick lines of eth?

in cryptocurrency •  8 years ago  (edited)

(chart done by Nichoros Strategy)

Orange = 7 day moving average
Light Blue = 30 day moving average
Light Purple = 90 day moving average

Time frame: 1 hour

Happy Trading!

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I smell a double top...

When climbing a wall of worry, there will always be double tops after a dip, even if only for a moment. Only question we can ask ourselves is, will it be rejected? And if so, where is there support before it can try again? Without a catalyst to move, we could always stay here for a while, though I am seeing a nice W drawn here and BBands breaking up.