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Gelium
Jan 3, 2021 10:23 PM

Ethereum: in pursuit of bitcoin. Long

Ethereum / DollarBitfinex

Description

Ethereum accelerated after bitcoin. An uptrend may well be in the area of a global high around 1400.

Comment



Judging by the high volatility, the growth of Ethereum will be with large pullbacks down. The demand for Ethereum is of a different nature than the demand for Bitcoin. In my opinion, bitcoin is bought back for long-term storage. Ethereum is bought speculatively for a short time.

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Compared to Bitcoin, Ethereum has too strong rollbacks down. It's better to buy Bitcoin.
Comments
Gelium


We bought a 30% rollback. The scheme is the same as for bitcoin.
geekpe
if this move to 1400 in this way
could crash hard to 300-400usd..after ath..
brandonq1995
@geekpe, or not
Gelium
@geekpe, As long as the strong uptrend of bitcoin persists, it can go above 1400. And it's not a fact that there will be significant falls after that.
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