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RE: ETH/USD TA

in #cryptocurrency7 years ago

Thanks again Srezz for your insights, great as always, however, I was exactly on the same boat as you were when you posted this and when the ETH/USD was $180sh.. I saw it going down to $140sh (speaking of that, I didn't know that point was the weakly 34WMA, your 13, 34 and 89 numbers never stop impressing me) and then I was surprised with the next day rise with a 1d close slightly above the 1d 13WMA! I still can't find a reason for that, what do you think?

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I was watching this earlier in the morning. Fascinating stuff.

hey srezz, i have known about the Fibonacci sequence and golden ratio for a while but there is a part i dont understand: how can Fibonacci numbers accurately predict any behaviour from a market?

Thanks a lot for your explanation and your emphasis on the Fibonacci numbers, It is always good to hear from experts like you, much appreciated