RE: ETH/USD update

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ETH/USD update

in cryptocurrency •  7 years ago  (edited)

Finally we have a strong reaction @ $200 round number that should change the technical picture.

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going up?

Do you give any credibility to the rumors about PBOC looking to ban all crypto exchanges although it was never officially stated? i know this analysis here is from TA perspective but wondered it these outside factors could also be having an effect since it has been all over the news lately. Thanks for your insight.

  ·  7 years ago (edited)

I know as much you do but modus operandi of all markets is always "buy the rumour, sell the fact". In this particular case it is vice versa.

A reaction that your TA didn't see coming. You were saying we are going down to 50...

Keyword: IF