Ethereum has been one of those golden tickets that have been pretty predictable but have surprised many. Now that the fork is complete, I would expect Ethereum to continue to dominate moving forward.
As discussed previously, I believe Ethereum won't see any prices above roughly $2500 this year, but that still means there's great opportunity to double your money this year.
Bullish above $1300
Bearish (very bearish) below $1100
Range driven for now, a decision is going to be made. I'd be willing to buy near $1140-$1150 for a mid-term hold and selling somewhere near July/August. Maximalists can hold as long as they desire. I'll be selling most if not all near $2500 unless something is convincing me that the bottom is in. Watching DXY for signs of that.
Hint: Weekly Wavemaster indicator (in white) is very oversold. Watch that little guy.
As discussed previously, I believe Ethereum won't see any prices above roughly $2500 this year, but that still means there's great opportunity to double your money this year.
Bullish above $1300
Bearish (very bearish) below $1100
Range driven for now, a decision is going to be made. I'd be willing to buy near $1140-$1150 for a mid-term hold and selling somewhere near July/August. Maximalists can hold as long as they desire. I'll be selling most if not all near $2500 unless something is convincing me that the bottom is in. Watching DXY for signs of that.
Hint: Weekly Wavemaster indicator (in white) is very oversold. Watch that little guy.
Trade active:
ETH got above $1300 and is now sitting at $1600 - Can't deny things do look bullish. Didn't even get the pullback to the 78.6 - that 61.8% pullback was all that she had in her. Lets do it.
