Quick and Dirty Technical Analysis of BTC/USD and ETH/USD (with noob friendly explanations)

in cryptocurrency •  7 years ago 

Hey all, I wanted to provide a few quick and dirty technicals on BTC/USD and ETH/USD with noob friendly explanations. These are on daily charts (each candlestick on the chart represents one day's worth of trading).

BTC:USD.png

ETH:USD.png

Happy to answer any questions in the comments below and welcome any contrary opinions.

Note: this is not trading advice and simply represents technical analysis that I have used to guide my own trades that I am sharing with others.

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regardless the technical analysis, ETH demand will be rising because of its wide application on financial contracts

Good!

  ·  7 years ago Reveal Comment