Money Man is still pulling on these lines, even thought they were violated. Price needs some guidance, or it would get chaotic and buck the whole lot of us. The violation indicates some interesting times ahead, but as always nobody knows. Sticking your head out could pay off or cause you to pay it off, so as always as well; keep your risks in check.
On the short term, ETH is doing very well in this recovery / bounce. Alts have felt some FUD and it seems as though ETH has been seen more of a Bitcoin-like than a Ripple-like vehicle. Thus, both must have had some XRP money coming their way. He is keeping an eye on XRP because of this.
Conclusion: ETH is not wondering in the wilderness and has shown some strength, so the hope is that it picks up the old trajectory or better. Very important to me: Please like if you appreciate the effort, please comment and develop this further and Please follow if you see this analysis thread going somewhere that you would like to know about.
Money Man must admit red faced, that he has listened to much trading advice that would refer to Jesse Livermore and he has now actually started reading the book. He does not know if it is because of hearing so much about what is in the book or if it is things that he honestly learned the hard way himself, but that is truly a book worth reading. Count that review on a book he has not even finished reading (titled “Reminiscences of a Stock Operator”) as a present from him to you.
On the short term, ETH is doing very well in this recovery / bounce. Alts have felt some FUD and it seems as though ETH has been seen more of a Bitcoin-like than a Ripple-like vehicle. Thus, both must have had some XRP money coming their way. He is keeping an eye on XRP because of this.
Conclusion: ETH is not wondering in the wilderness and has shown some strength, so the hope is that it picks up the old trajectory or better. Very important to me: Please like if you appreciate the effort, please comment and develop this further and Please follow if you see this analysis thread going somewhere that you would like to know about.
Money Man must admit red faced, that he has listened to much trading advice that would refer to Jesse Livermore and he has now actually started reading the book. He does not know if it is because of hearing so much about what is in the book or if it is things that he honestly learned the hard way himself, but that is truly a book worth reading. Count that review on a book he has not even finished reading (titled “Reminiscences of a Stock Operator”) as a present from him to you.
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