Ethereum is currently testing the resistance area around 150-165 $. I expect fast down movement if this resistance should not break within next days. If this resistance break expect up movement to 200 $ which is major resistance for further growth. More likely is an soon down movement to around 120 $ which is an major support. If this support doesn´t hold we will see a new low at around 50 $ which is in my opinion bottom area/ price area for major investors.
@amintoosad, because you bought yesterday at 155 $ or why :D ? please deliver some reasons and not only 2 words like you did, this is stupid :P
amintoosad
⋅
@DannyKadiric, yes, i bought 155$, so you said eth down to 50$ i see it seem stupid
UnknownUnicorn1615160
⋅
Let it go man. Everyone waiting for that $50 ETH price have fun waiting...because that train is never coming. Markets have bottomed. Bitcoin has bottomed. We're now in accumulation phase.
DK_Investment
⋅
@BitcoinBobby, we are still in an bear market and everything else is explained in my other commentary downside but thanks for sharing your view, much appreciated
Crypto_Dogg_
⋅
Interesting.... Thanks for sharing your thoughts!
meveme
⋅
I know it’s all about money here :))
But I hate some who short this market
I mean look at the order book
Terrifying
Cheers :)
DK_Investment
⋅
@meveme, everything is about money management not money it self (if you look only for money you wont earn it - trust me).
It's about minimizing risk and maximizing profit. Trading is all about predictable risk and profit :D if you not work this way you only gamble with your money.
meveme
⋅
@DannyKadiric, 155 unloading some
Let see
DK_Investment
⋅
@meveme, I will sell my long position at 159 $ (Bitmex) and open short in same price area. Stop loss above 165 $