WLinvestment

ETH LONG TERM

Long
KRAKEN:ETHUSD   Ethereum
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.

White Lake Investment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.