Yesterday, I wrote my Ethereum technical analysis article on TheMerkle, which outlined some of the key pivot zones on the chart - the same way I analyze the FX markets. One of the areas I pointed out was the 0.0323 pivot zone, speculating that the level may be retested and suggesting that traders should be mindful of this pivot.
Screenshot posted yesterday on TheMerkle:
ETH Market today:
It doesn't matter if you're looking at a stock chart; It doesn't matter if you're looking at the crude oil graph; It doesn't matter if you're looking at a forex or a cryptocurrency chart; Technical analysis and candle patterns work on all high-volume markets!
Image Credit: 1
