Ether in the last 8 hours has consolidated well into a symmetric triangle.
As you can see in the chart, a pretty clear breakout and retrace slightly outside the triangle.
Your call on whether you should get in though. I'm giving you my 2 cents.
Ethereum Second Chance Trade
7 years ago by infinitesimal (39)
$0.26
- Past Payouts $0.26
- - Author $0.26
- - Curators $0.00
Good post. I saw that too. I found that cryptos tend to tear through diagonal trend lines. I usually look for horizontal support with like 3-4 bounces off of it haha. But this stuff is moving so fast lately, its hard to even find support.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yea I found this consolidation is the most reliable one since a while ago. this thing was in need of establishing some support
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
and yea totally agree with you that horizontal supports cannot be ignored. even in your conventional currencies like usd jpy eur.. they are super important
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit