myTAsucks

ETH hits long-term trend channel

Long
BITFINEX:ETHUSD   Ethereum
What an incredible 24 hours!!!! Today will go down in history as the WILDEST ride of 2018.

Did you see those sell walls at 569? I was staring at them for 6-hours. Whales manipulating the market, and they succeeded in bringing ETH down into the long term trend channel. Now, this for me, is the perfect place to load up.

I'll keep this succinct. I set a bunch of Buy orders within the long-term channel. I picked up some precious ETH during the panic (520, 510, 500). I do expect prices to bounce around here for a while, but every time it dips into the channel, that's when I'm loading up. We've had a month of bearish downward pressure. The only thing I can see is a month of upward pressure!

Happy hodling fans and expositioners!

From My-TA-Sucks absolutely!
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