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Emvo
21 lis 2020 13:28

Altcoins touched accumulation. 

Ethereum / BitcoinBinance

Opis

I kept eye on this chart longer time.
Altcoins falled from Head and shoulders pattern and volumes start ascending.
I like to see hold this zone and not fall below green trendline. Here is also monthly CPR support.
Beam indicator is green, so let's see if it hold .
Also like to see IF 382 Fibo will hold. It is important correction level.
Majorly, November and December is considered as the strongest period. Cards are bent to crypto side.

In other hand, i see forming potential death cross. This patterns typically producing fail around 30%.

That's my quick view.
Emvo.
*This is not a financial advice.

Komentarz

Ether was able to surge above 0.65 Fibo. Good signs.

Komentarz

ETH with altcoins move come when 0.65 Fibo will be support.

Transakcja zakończona: osiągnięto poziom stop

Support is broken.
Komentarze
VincePrince
Significant formation forming there, I see it similar, thanks for the update.
Emvo
@VincePrince, Thank you, i like your content too.
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