This is quite obvious accumulation. There are buyers jumping in when ETH falls under $200(USD), but why? It has been my feeling that the Etherum Platform is not fast enough to handle the exponential growth ETH has experienced as of late and transactions have been limited due to hardware limitations. This was my personal feeling then, and this is my personal feeling now. But there is no denying the innovative quality of these smart contracts, and it may be only a matter of time before the Etherum platform is able to figure out how to speed up their transaction rate. With that said the trend is neutral and any drop south seems to provide buying opportunities while any move north buyers dry up. So that leaves us in the Value Zone.
What's next? If I knew that I would be typing this from my 100 million dollar yacht (I'm not too greedy) docked in a secret location, being served tequila drinks by scantily clad women (Don't tell the wife!), but instead, I have to trade for a living next to an old dog and an even older desk. But maybe there is sunshine on the horizon for ETHERUM! I will continue my due diligence in search of something to chew on, in the meantime I found this little gem.
The News:
**Bitcoin (BTC) Will Lose Half Its Market Share to Ethereum (ETH): Weiss Ratings**
dailyhodl.com/2018/0...m-eth-weiss-ratings/
News like this could be a catalyst for things to come. I dunno, you be the judge. As for my chart, just let it be boring an simple. This is about the NEWS!
What's next? If I knew that I would be typing this from my 100 million dollar yacht (I'm not too greedy) docked in a secret location, being served tequila drinks by scantily clad women (Don't tell the wife!), but instead, I have to trade for a living next to an old dog and an even older desk. But maybe there is sunshine on the horizon for ETHERUM! I will continue my due diligence in search of something to chew on, in the meantime I found this little gem.
The News:
**Bitcoin (BTC) Will Lose Half Its Market Share to Ethereum (ETH): Weiss Ratings**
dailyhodl.com/2018/0...m-eth-weiss-ratings/
News like this could be a catalyst for things to come. I dunno, you be the judge. As for my chart, just let it be boring an simple. This is about the NEWS!