Breaking NewsGoldman Sachs is looking to issue their own crypto token: Here’s what we know        Why The Dollar’s Coming Dead Cat Bounce Could Be Devastating For Bitcoin        Bitfinex will begin listing Cardano’s ADA on its spot exchange        Ethereum 2.0 Devs Discuss Medalla Issues as Network Stabilizes        Record $830M CME Bitcoin Futures Open Interest Highlights Bullish Trend        Seismic Shifts In The Cryptocurrency Market May Be Ahead, With Stablecoins Soaring        Several “Blockchain + Smart Hardware” products of CyberVein will be launched soon        All systems go for launch of China’s DCEP digital currency        Ethereum Beats Bitcoin, Gold, and Stocks In Stimulus Check Investment        One of the Top 3 Digital Currency Exchanges ZB Shows Its Powerful Community Function of APP        US Senate confirms crypto-friendly SEC commissioner Hester Peirce for second term in office        German Authorities Seize $30M In Crypto From Online Streaming Site        Digital Asset Trading System Market In-Depth Insight Analysis 2020, Growth Forecast 2027 with …        Raoul Pal: ‘It May Not Be Worth Owning Any Asset Other Than Bitcoin’        Brox Equity acquires Calston Exploration, adds assets to PermianChain blockchain energy project        Cryptocurrency Market Size & Share 2020 Insights Updated With COVID-19 Impact Analysis and …        Bitcoin Is At Its Tallest Peak Since Last Summer        The “Coinbase effect” is back – Here are the crypto tokens to watch        Ethereum DeFi’s Balancer (BAL) Surges 25%: Why the Altcoin Is Up So Much        EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 7th, 2020        Binance is Giving $20 Travel Booking Discount Vouchers        Testimony From Craig Wright’s Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit        Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company …        Bitcoin Supply Chain Transparency Market: Good Value & Room to Grow Ahead Seen        Bitfinex Announces Cardano Listing After Successful Update        Sundays Are the Perfect Time to Buy the Bitcoin Dip, Data Shows        Bitcoin Set for Bull Run That Will Dust Nasdaq As Ethereum, XRP and Altcoins Face Uphill Battle …        Record $830M CME Bitcoin Futures Open Interest Highlights Bullish Trend        MyBTC.ca Now Let’s Canadian’s Buy Bitcoin with Credit Cards Instantly        Bitcoin Go Wrong, According to Ethereum Founder        Bitcoin, Ethereum & Ripple – American Wrap 8/6        Bitmain’s Management Feud Is Finally Affecting Business Operations; AntMiners Shipments Delayed        Casa pivots to provide self-custody services to secure bitcoin        



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ETH/USD: Signs of a New Breakdown Sequence Materialize

ETH/USD: Signs of a New Breakdown Sequence Materialize

2020 allowed for an impressive recovery across the cryptocurrency sector, but signs of a new breakdown sequence started to materialize. The rally over the past two weeks elevated most established cryptocurrencies, but divergences are expected to follow. Ethereum pushed into its resistance zone, resulting in the redrawing of the Fibonacci Retracement Fan sequence.







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