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TheCryptAlpha
Sep 14, 2018 4:19 PM

ETH Buy Targets Are Being Hit -> Accumulation Zone  

BITFINEX:ETHUSD1D
Ethereum / DollarBitfinex

Description

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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
Trend AnalysisChart PatternsWave AnalysisBTCETH
Comments
kryptowavetrader
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Agreed. ETH has more downside left before we bounce

ritec
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Are we expecting it to go back up to the $1,000 range, is that still a realistic target?
TheCryptAlpha
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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
tenzor7
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@ritec, more realistic than what is drawn here
Kgear117
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@TheCryptAlpha, do you think we actually reach the capitulation zone? Or do we steer clear, above in accumulation?
TheCryptAlpha
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@Kgear117, Dont think that we reached it yet. I think we see lower.. We will see
Kgear117
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@TheCryptAlpha, I'm thinking if bitcoin makes it to 5k'ish, we'd probably see ETH under 140 as well. Just an opinion.
Salmin
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What's the 1st target you reckon?
TheCryptAlpha
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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.
Salmin
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@TheCryptAlpha,
Thanks
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