Hello everyone
I think there are 3 possible scenarios for Ethereum in the near future.
Possibility 1
So Ethereum has had a very nice uptrend today. The first option is that the lowest point is reached and that we are now going up, to the resistance levels. We can see that in the past, everytime many buyers came in after a huge sell-off, that we were going in an uptrend for a few weeks. ( DEC/FEB/MAY)
possibility 2
Possibility 2 is my personal favourite, that's what I think will happen. In my POV we are going down again to 410, if the volume is low, maybe 360. Under 360 is not happening in my POV.
possibility 3
The thirty and less likely possibility is that Ethereum becomes more stable and mature. that's not going to happen in the near future because of the high volatility in comparison with BTC.
I will put my first buy-order on 410 and my second on 360.
I'm going to wait with expanding my portfolio with ETH, I personally think that it will go down to 410 (possibility 2).
The most things are on the chart.
Let me know what you think!
Sharing your opinion in the comments are well appreciated!
I think there are 3 possible scenarios for Ethereum in the near future.
Possibility 1
So Ethereum has had a very nice uptrend today. The first option is that the lowest point is reached and that we are now going up, to the resistance levels. We can see that in the past, everytime many buyers came in after a huge sell-off, that we were going in an uptrend for a few weeks. ( DEC/FEB/MAY)
possibility 2
Possibility 2 is my personal favourite, that's what I think will happen. In my POV we are going down again to 410, if the volume is low, maybe 360. Under 360 is not happening in my POV.
possibility 3
The thirty and less likely possibility is that Ethereum becomes more stable and mature. that's not going to happen in the near future because of the high volatility in comparison with BTC.
I will put my first buy-order on 410 and my second on 360.
I'm going to wait with expanding my portfolio with ETH, I personally think that it will go down to 410 (possibility 2).
The most things are on the chart.
Let me know what you think!
Sharing your opinion in the comments are well appreciated!