FRIDAY
9-AUG
Price took out all the nearby upside LQ and rejected.
It seems to be seeking the sell LQ now and possibly continue lower towards the W1 buy zone below $180
On the Daily, there are almost equal lows below and seem like the next target.
Price may find some support around $200 but as of now the momentum is bearish and any rallies above $220 could provide shorting scenarios.
What exchange do you refer to? Or is it like the market as a whole? I assume different exchanges will have different TA based on their geo-premium and what not.
I just follow Ether prices on CoinGecko and set some buy orders in case there's a discount.
Owh ya.. @coingecko is on Steem too! I'd assume you like to talk to them if you're interested in all the crypto trading stuff.
Bless!
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I'm using Bitmex data since it's the most liquid exchange and it controls the markets that are traded there.
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Price Chart Ethereum on coingecko.com
Looks like any uptick on ETH/USD gets hammers immediately..
On the longer trend, it seems that most values are getting consolidated to Bitcoin and that may not likely reverse for some time.
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Yes, it won't. The ETH/BTC pair is the main driver behind BTC and ETH and it looks like its bearish momentum is gonna continue until it reaches 0.01
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