ETH/USD TA

in #cryptocurrency7 years ago (edited)

As mentioned here: https://www.cryptocompare.com/coins/eth/post/p_93374 we are heading up to 40 days WMA zone
The numbers are based on xBTCe data feed. More liquid exchanges $5-10 higher.
https://www.mql5.com/en/charts/7362079/ethusd-h4-distel-enterprises-co

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What do you think about litecoin?

I'll do a dedicated post on LTC. Just follow my posts.

Hi do you have any thoughts on miota ?

what is a wma zone

Weighted Moving Average. WMAs are good because they provide dynamic support/resistances.

srezz, Thank you for your analysis.
Today, ETH soared a lot.
But it's peaking and plummeting, Despite the good reputation of EEA.
In your thoughts, Is this the beginning of the new decline? OR the adjustment period?
Thank you.

At the moment charts are neutral and the market has to show its hand before I can tell anything.

Will you please explain basic terms in your posts for those of us who are new? Much appreciated!

Any up dates on the downward movement of ether? Seems to be holding at 190, could it drop to a new support level?
Appreciate your feed back, always informative 👍