·ETH price after trading as high as $263 found sellers against the US Dollar and moved down.
·There was a major connecting bullish trend line with support at $248.50 on the hourly chart of ETH/USD (data feed via SimpleFX), which was broken recently.
·The pair is attempting a close below the 100 hourly simple moving average and $245.
Read more here: http://www.newsbtc.com/2017/06/08/ethereum-price-technical-analysis-ethusd-downside-break/
Where do you see ETH going in the next 2-3 days? I've been studying candle patterns and back testing what I felt should've been right. Do you have any suggestions of where to learn more in depth information..? Thank you. Also liked and I've been following in silence. Lol.
How much should you focus on technical analysis?