View: slopechart_$ETH.jpg

slopechart_$ETH.jpg

Eth. Blew out of my flimsy bear channel. I find it interesting Eth topped out 28 days after Bitcoin, however, in this rally they move in lockstep. 

Have another box. 

I am long for the moment. Strong emphasis on moment. 

Purple line is again linear regression, all available data on Slope.

Image added via SlopeCharts
slopechart_$ETH.jpg

Comments

MyopiaMyopia
I’d be careful about applying classical technical analysis theories to something crypto like Etherium. You want to screw with it, fine; feel free. I, myself, won’t touch it; not because I might not make money in it (who knows …) but because I don’t want to afford it the slightest thread of legitimacy by my actions. But it might be wise not to attribute any degree of legitimacy or respect to its price gyrations. 8/1/21
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