ETHUSD Technical Analysis 19.03.2018 - Beware of the bull

in #ethereum7 years ago

As my yesterday’s analysis, ETH just touched resistance at 475 and bounce back. As the same time, G20 member’s comments make a fundamental stone. Some people say that it’s the end of the bear market (I hope so too), but to objective, I don’t see any sign of bull in technical analysis.
https://steemit.com/ethereum/@cryptocurrencyta/ethusd-technical-analysis-18-03-2018
In the H4 chart, ETHUSD continues to make a lower low and lower high. Price did not break down trend line on H4 and D1.

ETH H4 19.03.18.png

In the H1 chart, price is in consolidation, and Stoch confirms that. So I expect price will continue sideway to the trend line.

ETH H1 19.03.18.png

Legal Disclaimer: The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind.

High Risk Investment Notice: Trading cryptocurrency carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess.