TheCryptAlpha

ETH Buy Targets Are Being Hit -> Accumulation Zone

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Welcome to the wounderful world of crap coins, ETH has taken a complete beating with the amount of market dominance that it has shed off. There will certainly be a lot of speculation happening in order to take advantage of the drop . We are expecting these zones to be great places to accumulate ETH for the long term hold
Agreed. ETH has more downside left before we bounce

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Are we expecting it to go back up to the $1,000 range, is that still a realistic target?
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@ritec, Eventually we will make it up there. But I'd be looking for it to go lower before it goes higher. Maybe a bounce then back down
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tenzor7 ritec
@ritec, more realistic than what is drawn here
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@TheCryptAlpha, do you think we actually reach the capitulation zone? Or do we steer clear, above in accumulation?
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@Kgear117, Dont think that we reached it yet. I think we see lower.. We will see
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Kgear117 TheCryptAlpha
@TheCryptAlpha, I'm thinking if bitcoin makes it to 5k'ish, we'd probably see ETH under 140 as well. Just an opinion.
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What's the 1st target you reckon?
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@Salmin, I like ETH @ $120-150 area. As of now we had a strong bounce @ $170 so now targets are $250-300 then back down potentially.
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Salmin TheCryptAlpha
@TheCryptAlpha,
Thanks
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