Wednesday 13 January 2021

Ethereum bull market support band

Even in bull markets, we must always be aware of the downside risk. In this video we take a pragmatic look at the markets and identify where our Ethereum bull market support band is located. The Ethereum bull market support (which we would want to hold to maintain the integrity of the bull market) is the 20 week SMA and the 21 week EMA. Of course we would all love to see the price of Ethereum go up in the short-term, but let's always remain practical and grounded on the short-term risk levels when referencing the Ethereum price in USD. TA Video by Benjamin Cowen.



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