Will ETH run the same pattern during Nov to Dec, 2018?
Let's us review these two charts:
Chart Pattern Currently:
Chart Pattern from Nov to Dec, 2018
Short Description about the Chart Patter from Nov to Dec, 2018:
Ethereum price was unable to closed above 10 days moving average for 2 days during 19th, Nov to 16th, Dec. (Almost one month period.)
When price kiss 10 days moving average, or climbing higher than 10 MA, the price was killed down, but not a big drop.
After 17th and 18 of Dec, Ethereum price closed above 10 MA and start a bullish run.
In other word: Ethereum took one month period to build one bullish run bottom.
Current Chart Pattern:
Currently, Ethereum price is unable to closed above 10 days moving average for 2 days from 9th, Jan, 2019 till now.(Almost one month period)
When price kiss 10 days moving average, or climbing higher 10 days MA, Ethereum price was kill down, but not a big drop.
2 questions as time go by for near one month period:
Q1: Will it Repeat Itself Again(to build a bullish run bottom)?
Q2: If daily price closed above 10 MA for 2 days, will Ethereum start another Bullish RUN?
Chart Pattern Currently:
Chart Pattern from Nov to Dec, 2018
Short Description about the Chart Patter from Nov to Dec, 2018:
Ethereum price was unable to closed above 10 days moving average for 2 days during 19th, Nov to 16th, Dec. (Almost one month period.)
When price kiss 10 days moving average, or climbing higher than 10 MA, the price was killed down, but not a big drop.
After 17th and 18 of Dec, Ethereum price closed above 10 MA and start a bullish run.
In other word: Ethereum took one month period to build one bullish run bottom.
Current Chart Pattern:
Currently, Ethereum price is unable to closed above 10 days moving average for 2 days from 9th, Jan, 2019 till now.(Almost one month period)
When price kiss 10 days moving average, or climbing higher 10 days MA, Ethereum price was kill down, but not a big drop.
2 questions as time go by for near one month period:
Q1: Will it Repeat Itself Again(to build a bullish run bottom)?
Q2: If daily price closed above 10 MA for 2 days, will Ethereum start another Bullish RUN?
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