Resistance on 446.5 - 448.3 once that breaks upwards with volume you will notice.
Friend-for-life
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Reading the Technical Analysis in detail, I see a central theme that says "Short Now before the Big Run Up." But, wait a minute! What really creates a Big Run Up? It is simply more buyers than sellers. The propaganda being published through TA stating that it "needs" to drop first is just a scare tactic, possibly financed by the Whales themselves. The institutional investors / whales want to buy at a lower price, so their plan is to scare the masses and while the masses sell..... the Big Boys buy up everything on site, at a discount ;). Question, should we cower to this fear tactic, sell our holdings to allow the Big Boys to buy at our loss???? Or, stay the course, hold and prosper. Time, patience, prosperity.
BudBronson
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@Friend-for-life, "possibly financed by the Whales themselves" - dude these are simple principles of price action. Sometimes you nail it and sometimes you got it wrong and go on. TA is neither gambling nor is it "controlled" by the so called "whales" - no conspiracy behind it
johntradingwick
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I posted this 1 month ago, still going as expected. Please have a look and leave your valuable feedback :)
Karonte
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well i thing its finished but for all cripto people cos mining/electricity cost is not profitable anymore, no miners, no several criptos....
BLACKNOVA
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@Karonte, no mining = no new coins are available over time. If demand rises during that time (as it continues to for all coins like ETH that the market deems valuable) and supply stays the same, price will increase. If price increase enough, mining will be profitable. I'm not saying the market's right about ETH value. The further ETH falls, the more likely that it rises again.
Karonte
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@BLACKNOVA, lol, no mining = no transactions, no buys, no sells no coin...
BLACKNOVA
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@Karonte, low mining* there will not be no mining on ETH anytime soon