A lot of people are crying that the market is manipulated. But why did my last analysis nail the last pull back? Quite simply, it was the last high that acted as really strong resistance. A person with a large stash of crypto dumped. Is that manipulation or just someone taking profit? Maybe someone having to make payroll? Reversing a major downtrend never happens right away. This recent high was a very good sign that we are still in the process of reversing.
Note the ascending nature of MACD, RSI and actual price. A massive ascending triangle is forming. All very bullish.
If this 120-130 holds, or if even higher holds. That is very bullish.
Happy Trading and hodling.
-Sherem
Note the ascending nature of MACD, RSI and actual price. A massive ascending triangle is forming. All very bullish.
If this 120-130 holds, or if even higher holds. That is very bullish.
Happy Trading and hodling.
-Sherem
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Previous analysis where i indicated we would get a pull back:
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Also note, 2 more days until Constantinople.
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Haven't seen any delays for the upgrade today. Should happen today. We wait, with bated breath to see what happens.....
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ETH upgrade is live! Remember, folks are waiting to see if this makes ETH faster and be able to scale better. We'll see what happens as things progress here.