Crypto To The Moon; Free Trade Analysis; BCH,ETH....

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Investors Friend;) 🏅Crypto and stock Trader🏅Stay updated on the market📈📉

2 years ago

Topics: Crypto To The Moon, BCH, Crypto analysis, ETH

DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence.

With that being said, let's get into it. Firstly, let's start with Ethereum..

Ethereum Analysis.

Today, I chose to make some analysis on one of the most know and widely used crypto; ETHEREUM (ETH).

Ethereum is the most priced or expensive crypto right after the famous BITCOIN (BTC) which is currently priced approximately around $4000.

Ethereum has otherwise had a really Good Bullish run over the Years. But with it's Bullish run, comes it's High Gas Fees which has become quite a problem while transactions take place in the Ethereum network. Below are some analysis on this crypto:

1 Week Timeframe

With the above analysis, we can see how ETH has really rised right from the creche all the way up to where it is today, what a beautiful sight indeed.

At the time of making this analysis, it's current price is about $4020.67 as there are expectations of it rising even further.

There has been a major key level formed on the chart which brings hope of even more bullish movements as long as the candlesticks don't close below the key level which is around $4000.

1 Day Timeframe

On the 1 Day timeframe, there was beautiful trend line formed which leads to a breakout and then eventually multiple supports on the key level which brings us where we are today.

Not only was there a major support on the Key level but also a Symmetrical Triangle formed as we wait patiently for a breakout to occur, hopefully on the positive side.

BITCOIN CASH.

Bitcoin Cash, which is also referred to as "The Real Bitcoin" as it support's Peer-To-Peer transactions is undoubtedly a crypto with real potentials as it grows overtime. Though it's currently down a little bit, it will be wise for investors to consider investing into this great crypto as it is brought into awareness of the general public. Below is the analysis on BCH from where we stopped yesterday: BCH Today; Crypto To The Moon; Trade Analysis.

1h Timeframe

At the moment of writing this article, BCH's current price is about $452.78 after having an astonishing rise but just a little bit above the nearest key level which can definitely act as a resistance a further more, causing it to retrace back to the nearest supply zone befi a massive bullish increase.