IMO we have been trading in this range. 282-345. And this last run we did not hit 345. We should have broken out with all of the good news out. But here we are.... The Volume profile on this daily chart shows green volume with the price going up, and we see Red right before it to bring t down into its range, I think this happens again here. We will get large amount of red volume to balance out and we will see a decrease in price here and then the reverse again, but we wont get above 345.
With the large expectation the public has for ETH right now. A lot of sources say this ETH is ready to break out, and the market conditions have been ripe for it. And it has not. I don't think it will. Just another "fake out" here. Good luck out there. Its just my .02 cents on this one. ETH expectation is to much, its to popular of a trade right now.THis alone is reason enough to satay away. Look somewhere else. xxwhitevaderxx approved.
With the large expectation the public has for ETH right now. A lot of sources say this ETH is ready to break out, and the market conditions have been ripe for it. And it has not. I don't think it will. Just another "fake out" here. Good luck out there. Its just my .02 cents on this one. ETH expectation is to much, its to popular of a trade right now.THis alone is reason enough to satay away. Look somewhere else. xxwhitevaderxx approved.