ETH is getting into all time high psychological resistance zone ($362-383) and Short term I expect ETH to consolidate once this zone is reached.
https://www.mql5.com/en/charts/7538679/ethusd-d1-simplefx-ltd
ETH/USD update
7 years ago by srezz (48)
$0.69
- Past Payouts $0.69
- - Author $0.56
- - Curators $0.14
64 votes
- + norwegianviking: $0.502 (100%)
- + shreedx: $0.031 (100%)
- + c4po: $0.005 (100%)
- + pakinh010: $0.005 (100%)
- + zekiel247: $0.005 (100%)
- + crazind: $0.004 (100%)
- + ekuluca80: $0.004 (100%)
- + scat227: $0.004 (100%)
- + whyjust4u: $0.004 (100%)
- + scarlet7: $0.004 (100%)
- + sh1v13: $0.003 (100%)
- + sagan: $0.002 (100%)
- + zelas: $0.002 (100%)
- + eth03: $0.002 (100%)
- + persona: $0.002 (100%)
- + zidan: $0.002 (100%)
- + devenderyadv: $0.002 (100%)
- + xtv: $0.002 (100%)
- + rbelk: $0.002 (100%)
- + thelvyn: $0.002 (100%)
- … and 44 more
As always thanks srezz. Still learning a lot!
@mpgd : http://www.investopedia.com/terms/c/consolidation.asp
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks Krepno!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks Srezz! One question: With what do you think it will consolidate? In other words. What do you mean by Consolidate in this update?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why would there be a psychological resistance at that range, when it flew by that amount last time to get to ATH $410 last time?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm not a psychology expert and can't give you an explanation as to why but round numbers as well as all time highs/lows work as attractors and strong supports/ resistances.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
meep
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very thoughtful, Sir.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
meep
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
but, funny because of his Avatar. lol
@srezz, thx again for publicly posting, your charts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
meep
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you srezz. This is spot on. If I may ask you, are you going to do a TA on IOTA soon?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'll need at least one year of data history to begin doing something meaningful.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you. Btw, your influence in cc is remarkable!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think you well overestimate it. The CC market's been taken over by the Wall Street money and HFT systems long time ago.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks Srezz.. What do you think about double tops here?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So far there's nothing much to think about. It was clear right from the beginning that we are heading to a double top and if you read my head post that's what it is implying. However, a double top does not mean anything in itself. The market must show its hand upon reaching a double top before we jump into any conclusion.
Personally I expect a mild pull back and continuation to my $500+ target set long time ago.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for that, this will help for me to get a little grip on the situation. Keep up the good work!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Looking at your chart....a small pullback to about 345? The chart is not very clear on my old computer...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
At this point of time don't see it any lower than $355
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit