aixr

ETHEREUM - WILL THE PRICE RISE OR FALL?

Long
aixr Updated   
BITFINEX:ETHUSD   Ethereum
Downtrending = Buy opportunities

Let's make it clear. Ethereum is second generation of blockchain with +108 million as circulating supply at this time. According to weekly chart, ETH fallen hardly from $1400 level to $350 level to create a new support level at $350. That support level was the resistance level in the beginning of 2017 ( After the second halving of bitcoin, when it was on July 2016 ). The price fallen hardly again from $800 level to $90 level to create a second support level at $85. A few weeks ago, the price raise to $350 level to make " $350 " a new resistance level, YES ( Like what happened in the middle of 2017 ). WAIT... Does you mean, the history will repeat itself?! Nope, but expect the unexpected. So, what will happen? Now, we're below $250 level, for anyone bought at $200 level, DON'T SELL! Set buy orders with different prices to $85. You will not see ethereum below $50 level again. In the worst scenario, the price will down to where... $150, $100, $85 which it was the lowest support after $1400 level. The price will uptrend to $350 at least / USD or / BTC. Let's say, you bought 5 ETH at $200 and set a sell order at $350, you will make $750 net profit. If you buys 50/50 ( 2.5 ETH at $200 + 2.5 ETH at $150 ) and set a sell order at $350, you will make $875 net profit and so on.


SET BUY ORDERS ONE BY ONE TO $85 LEVEL
NEXT UPTREND WILL BE $350 FOR ETH
DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
Trade active:
- To be in safe mode. If you have money, set a buy order at $156 ( Increase your profit ).
- Our target is $350, don't sell below $350.
- Don't worry and be patient.
Trade closed: target reached:
Up-trended to $4,373 on 10th May 2021
Got profit at $1,700 and $3,400 levels.
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