Ethereum is nearing the top, basically its long time trendline that it has held against Bitcoin, and has been bouncing up and down in this channel for a couple years now. This means set your alerts, keep a close eye on Ethereum, it MAY do a final push and get up to .06 but it could be tough.
As far as the Altcoin, I could not chart it on Tradingview, so I figured id lump it in with this chart.
Its too new. The Altcoin is Waultswap (WEX) - It is only a 14 Million Market cap. I bought in around .01, and its already at .029. I shoulda posted about it earlier, but it doesnt show up on tradingview.
I really like Wault.finance, which I originally had, and now that Wault has its own DEX I am even more bullish. Dex dont usually stay under $1 too long, so we will see what this one does! Wault also has a stablecoin on the way as well, a nice little ecosystem its go going on! Wault has more than that, its big on DEFI on Binance Smart Chain, with Locker Vaults, staking, and a Launch pad where it is doing IDOs.
Check it out while its still a 14 Million Market Cap!
I sold 10% of my ETH into Bitcoin, just in case we did dip back down to the bottom of the channel, before rising up again and having our Altseason.
Comment
⋅
As for the Altcoin WEX, do your research. now that I made that 200%.. Its not acting like a normal IDO, It just went straight up, and didnt correct really. So I sold, and kept the profit. :) Team? Anonymous. Code? I cant tell if its all there, and they just have their Audit report thats it. What did we learn from this? Do much more research before jumping into something.
Comment
⋅
I wish I commented every time I had an action on WEX. Haha. I sold like I said, and then bought in of course a little higher. I did this one more time. We are up 3000% now, minus the 300% or so I missed. we can call it 2500%. Still going strong.
from now on the bigest drop all of you may anticipate is on 1h chart 90 day EMA mostly or 2% dip, and after todays drop I don`t expect within several days. This is on tactiacal level, on strategic level the period before the big news of ETH planed on July, is best to buy time, so don`t waist time just eneter anywhere. If they burn some ETH on July or fine way to limite the supply of mine coins the price will get to 10k easly before october this year.
Shwayze
⋅
@vodach, Agreed!! ^^ Knows whats up. Prediction - BSC, which is almost oversaturated, will become victim to several large RUG PULLS and scams as scammers quickly adjusted to the newest most popular network in the last 3 months. Sends more traffic back to ETH.
bed87
⋅
I'm completely out of the market now since last drop, and I don't know when to enter again! Help!
@Shwayze, Waiting again for a nice drop! Has to happen sooner or later, probably Sunday I’m betting. I learned a long time ago never to buy high.
Shwayze
⋅
@bed87, you may be right. Just depends how much money is on the table. 54k was the exact spot to do the most damage against both longs and short margin traders. The most manipulative move, therefor the most money made, is to fake a downward move, and then shoot up to 100k, and then drop or start consolidating. well see.