Ethereum - Watch The LSMA 📉
Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at Ethereum / ETHUSD / ETHUSDT for the near term. From the 3D timeframe, the technical indicators are showing bullish . Keep in mind that the noise/ volatility on lower timeframes don't show up here, so even though we see signs of pullback on lower timeframes, we're still evidently trading upwards .
Now let's take a look at how I use the most trusted LSMA ( Least Squares Moving Average ) to predict possible price on the Fibonacci Retracement Bollinger Bands .
LSMA focuses on the preceding time periods from the current period using the least line square regression line. The LSMA brings about the picture of what COULD BE IF the regression line / trend is continued. .
Facts about the LSMA indicator :
• Applies the regression line
• Based on the least square system
• Aims to project the value of the market if the trend persists
• Uses previous time periods to calculate
NOTE that it’s not guaranteed that the signal is always accurate. However, the point of using indicators is because by probability, they are right more times than not.
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In other cryptocurrency markets :
⁕ Bitcoin BTC reclaims
23K support zone
⁕ ADAUSDT reclaims 0.5c support zone
⁕ AVAXUSDT gains 8% in 24h
⁕ SOLUSDT gains 8.5% in 24h
_________________
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👍Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at Ethereum / ETHUSD / ETHUSDT for the near term. From the 3D timeframe, the technical indicators are showing bullish . Keep in mind that the noise/ volatility on lower timeframes don't show up here, so even though we see signs of pullback on lower timeframes, we're still evidently trading upwards .
Now let's take a look at how I use the most trusted LSMA ( Least Squares Moving Average ) to predict possible price on the Fibonacci Retracement Bollinger Bands .
LSMA focuses on the preceding time periods from the current period using the least line square regression line. The LSMA brings about the picture of what COULD BE IF the regression line / trend is continued. .
Facts about the LSMA indicator :
• Applies the regression line
• Based on the least square system
• Aims to project the value of the market if the trend persists
• Uses previous time periods to calculate
NOTE that it’s not guaranteed that the signal is always accurate. However, the point of using indicators is because by probability, they are right more times than not.
Related news Highlights in Crypto :
👉 Total cryptocurrency market cap reclaims 1T with high trading volume
👉 Crypto exchange Gemini lays of 7% of staff
👉 Three Arrows Capital allegedly owes $3.5 billion to 27 different crypto companies
👉 Crypto exchange Bitstamp will charge inactive users a monthly fee of $10.20
👉 Russian President Putin signs law banning cryptocurrency payments
👉 Kazakhstan's President signs law imposing higher tax rates on crypto miners
👉 Celsius faces Ponzi Scheme lawsuit
In other cryptocurrency markets :
⁕ Bitcoin BTC reclaims
23K support zone⁕ ADAUSDT reclaims 0.5c support zone
⁕ AVAXUSDT gains 8% in 24h
⁕ SOLUSDT gains 8.5% in 24h
_________________
👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎
👍Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
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Cryptocheck Website
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SoftQuant Website
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