What is Ethereum doing ??

16 dic 2017

What is Ethereum doing?
I'm evaluating these two markets (ETHUSD & ETHBTC) in one post
And the violet price line in the background is BTC



In the 1h chart we are seeing something cool
ETH for the breakthrough of its second max
ETH for the breakthrough of its second min
Kindof looks trapped in the corridor



These guys seem Ethereum's new bff also
Of course they appear only in the ETHBTC chart
& not very much in the ETHUSD chart (bachground)
Thus its not a very clear signal



Then in the 4h chart we see a more relaxed story
Setting new local min and max
Nothing seems to explode in the near future



And the 1D market more relaxed still





But...
Considering context, always consider context
This may be another page in the story of ETH price
3 bigs tell me this:
Big trend change
Big volume rise
Big price shoot in USD market



And, less important





So
In the end
What pattern will the market obey?
ETH in a new age of uptrend or
ETH just in a normal hiccup
Probably none of these, beauty of it, the market doesn't obey
Not this market at least

Just keep an eye open