ETHEREUM TRADING SCENARIO. BREAKOUT CONFIRMED!
Coin Telegraph
GOOD AFTERNOON STEEMIT!
Supply/demand in trading is such a beautiful thing.
Yesterday on the Steemit blog, I spoke about a possible Ethereum trading scenario that featured a nice, clean supply/demand setup.
Click the link above or take a look at the chart and thoughts posted here:
ETH/USD Hourly
The hourly shows a nice ascending triangle. What this pattern of higher highs shows, is the sellers being absorbed.
When there are no sellers left to be absorbed, I'm sure you can work out what happens to price.
Now take a look at today's Ethereum chart:
ETH/USD Hourly
That's as close to textbook as you're going to get.
Peace.
Instagram: @forexbrokr
Website: www.forexbrokr.com
Thank You :)
YYYEEEESSSSS! I got so excited when I saw the price of Ethereum this early afternoon. Maybe I should have gone with my instinct and put some money in EOS a few days ago, but money is money. Can't complain about ETH's growth. $400 soon!
Hey @forexbrokr agree with you and your argument, I am seeing ETH 400+ By the end of December 2017, let's see what happens the race is on.
Enjoy the ride.
Thanks buddy
Good call. Wish I was paying attention!
Same here, we should have been more open minded like 5 years ago already :)
I've been in ETH for two months now in anticipation of this! Also, I won 0.66 free ETH yesterday in a free giveaway, so I'm even more happy :)
Okay, you really gotta tell us where we can find those free givaways 😁
I did try to tell y'all!
If you were following me, you might have known in time 😉
Visit my blog on Steemit if you'd like, I like to think my crypto-related posts tend to offer more and different news than just the same obvious stories rehashed over and over again like most crypto-blogs on Steemit!
For example, I just blogged about the Palm Beach Confidential coin pick for November. This is hot-hot-hot news because it was leaked before the news letter goes out. You'll probably find it on other people's blogs in a few hours/days when they finally find out 😎
Alas, my post will still only make me pennies while they rake in dozens of dollars for being late with it.. sigh
In the great words of 38 Special
"Just hold on loosely
But don't let go
If you cling to tightly
You're gonna lose control"
Ye, you right
I’m ready! 😬
What resistance or top number do you think it will make?
Nice blog.
Visit CoinCheckup.com | SteemIT - Daily Technical Analysis
hmm did someone get scared of EOS and tries to cover it all up through a price increase? 🤔