Ethereum : Areas of concern.
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Greetings Trading View community!
In the following analysis I will explain how Ethereum tends to work within the stock market
and the way it develops over time.
As of the beginning of this chart we can see the value has had a tendency to grow upwards within the past few months up until
it peaked somewhere along in the middle of November. We might as well observe how the price has been diminishing over time ever since its value reached its highest point,
creating a pronounced downfall which remains until today. As this situation manages to resolute itself we will
have to wait until the percentage been given to us (61,8%) adjusts onto its support line, which should make the value and its tendencies to slow down as
indicative of a possible rebound within the following months.
If you require any further information, feel free to contact me.
-Peter Bernstein: "The fundamental law of investing is the uncertainty of the future".
I hereby declare that the information provided here is only for educational purposes and nothing else. Happy trading!
In the following analysis I will explain how Ethereum tends to work within the stock market
and the way it develops over time.
As of the beginning of this chart we can see the value has had a tendency to grow upwards within the past few months up until
it peaked somewhere along in the middle of November. We might as well observe how the price has been diminishing over time ever since its value reached its highest point,
creating a pronounced downfall which remains until today. As this situation manages to resolute itself we will
have to wait until the percentage been given to us (61,8%) adjusts onto its support line, which should make the value and its tendencies to slow down as
indicative of a possible rebound within the following months.
If you require any further information, feel free to contact me.
-Peter Bernstein: "The fundamental law of investing is the uncertainty of the future".
I hereby declare that the information provided here is only for educational purposes and nothing else. Happy trading!
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