RE: ETH/USD update

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ETH/USD update

in cryptocurrency •  7 years ago 

I don't use arbitrary numbers. All my targets have been derived from volatility.

cryptocurrency
7 years ago by

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      ·  7 years ago 

    Thanks. Can you provide any more info or lonks or diagrams....Im more so a feel investor But I recognize my need to trust raw data. Any advice you have on being abke to predict or forsee the market is appreciated.

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        ·  7 years ago (edited)

      A strong bounce off 89 weeks WMA (currently @ $109) is highly likely. But from the implied volatility point of view, it doesn't look like it's the final destination.

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          ·  7 years ago (edited)

        @srezz just to be clear you're saying that if certain conditions are met the price could fall to $50?

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            ·  7 years ago (edited)

          I've done it in English but let me try it in Chinese:

          ETH看起來非常沉重，從34週WMA（白色）下跌的反彈非常弱，如果WMA不持有，而市場在4H基礎上收盤低於220美元，跌幅可能會持續至$ 50

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            ·  7 years ago 

          Haha love that! You made me smile on this red day :)

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              ·  7 years ago (edited)

            LOL I didn't want to make the wrong assumption as I know very little about TA and the price of $50 seemed amazing low so the comment was more out of shock!

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                ·  7 years ago 

              Comedy = up votes :)

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