ETH/USD Golden Cross Daily Time Frame.
50 MA Red
200 MA Yellow
The golden cross on the daily time frame usually indicated a bullish run for weeks to months on end. Ethereum seems to have reached its Golden Cross a lot earlier than BTC/USD being that it has higher volatility than BTC. ETH in 4 years time can easily 3-4x your holdings though not financial advice. Price remains strong support above 50MA which is a good indicator to make my bets into ETH. If price breaks below 50MA and 200 MA we can expect a one year long bear market. Yellow candle is a bullish candle indicator where buy should occur. Everything is a probability play. You don't need to play every hand you get in Poker. Just pick the best spots/hands. I will be accumulating in the red and sideways movement. As long as supports hold.
50 MA Red
200 MA Yellow
The golden cross on the daily time frame usually indicated a bullish run for weeks to months on end. Ethereum seems to have reached its Golden Cross a lot earlier than BTC/USD being that it has higher volatility than BTC. ETH in 4 years time can easily 3-4x your holdings though not financial advice. Price remains strong support above 50MA which is a good indicator to make my bets into ETH. If price breaks below 50MA and 200 MA we can expect a one year long bear market. Yellow candle is a bullish candle indicator where buy should occur. Everything is a probability play. You don't need to play every hand you get in Poker. Just pick the best spots/hands. I will be accumulating in the red and sideways movement. As long as supports hold.