🎥 Cryptocurrency Market Overview | 29.01.2020
Hello dear Steemians and Dtubers!
In this video, I analyzed the price chart of Ethereum (ETH/USD) on different time frames using Technical & Candlestick analysis. In addition I outlined some important technical patterns.
At the end I mentioned the recent price hike of Ethereum Classic.
Enjoy watching the video and, please, comment!
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last over 13 years, and as a cryptocurrency analyst for the last 2,5 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.
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Again a great info @ cryptospa!
Nice wrap up and concise info. Just a question, as I was asked few days ago by new people interested in blockchain. Was asked is ETH better than ETC?!? I did not know what to answer, though I gave a solid answer, but still I am curious about your opinion.
I understand is a very outstreched question, many answers to land, but anyway, what do you think?
I think that Ethereum Classic is a nice cryptocurrency. I cannot say it is better or worse than Ethereum, but I think it ETC is a good hedge to ETH. So in a well diversified portfolio it would be nice to have ETH: ETC = 1:1 (for each Ethereum token one Ethereum classic token). In a long run everything is possible.
Thanks for the answer, will keep it in mind!
That was some super Eth analysis 👏. I am generally very bullish on Eth especially with the DeFi and how much it is exploding. DeFi is better than any bank account anywhere on earth. Imagine the returns of 5% to 7.8%.
I think it will only get bigger and bigger as more and more people learn about it.
Enjoy an amazing Thursday ahead 🎉 👍😁
Yeah, ETH is a nice crypto and has a great ecosystem. Definitely, I am very happy that it exists.