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WLinvestment
Nov 24, 2017 7:11 PM

ETH LONG TERM Long

Ethereum / U. S. DollarKraken

Description

ETH could in theory hit $1,400 in the long term, to touch the top of this beautiful long term channel. My immediate target is the 700range, so I would not be holding out for $1,400 - one thing at a time. However if we hit the $700's, and have a nice pullback, and maintain market structure - $1,400 is very much in sight. Market cap has expanded almost 100B in the last month alone, the amount of money being poured into this space is frankly mindblowing. As long as that keeps happening, prices will rise. We still have not hit "peak retail" investment in this space - there are more and more new accounts every day, and new conduits being opened up to access this market. New exchanges, ETFs, the CME futures etc are all very bullish developments. HODL Strong.
Comments
MonstaCoin
this was my take on ETH.
WLinvestment
@MonstaCoin, Love it thanks Monsta! This all seems surreal right now :P
MonstaCoin
@JConnelly, your welcome! 2018 is going to be even crazier than 2017!
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