Category: Ethereum
The analysis published under this category are as follows.
Wednesday, February 10, 2021
Ethereum Surges to Record High, As for Fundamental Causes... it's "Game" Over / Currencies / Ethereum
By: EWI
The GameStop fiasco did not spark Ether's rally; see the Elliott wave pattern that did.
Cryptocurrencies are well-known as hot-potato markets with volatile price swings. Most investors and traders see cryptos as "catch-and-release" - vs. - "buy-and-hold."
But this chart tells a somewhat different story. It not only shows that the #1 top performing cryptocurrency for 2020 and (so far) 2021 is #2 in line: Ethereum. But it also shows that, after trending sideways from August through October, ETH held and continued to hold the upside in a powerful rally to record highs on February 3.
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Thursday, November 16, 2017
Ethereum (ETH/USD) – bullish breakout of large symmetrical triangle looks to be getting closer / Currencies / Ethereum
By: MarketsToday
Long-term bullish setup- Short-term bullish setup
- Bull trend continuation entry setting up for short-term
Low volatility leads to higher volatility
Since June, volatility in Ethereum (ETH/USD) has been declining with a potentially bullish multi-month symmetrical triangle consolidation pattern forming over that time. Keep in mind that low volatility leads to higher volatility.
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