The Securities and Exchange Commission (SEC) has considered prospects of a possible ETF for Ethereum (ETH) which has put ETH in a position of exponential growth. Along with many projects and ICO's committed on Ethereum's chain, growth should be expected, and shorting should only be followed for a small bounce of 1-3 points. I expect from when I publish this (ETH:80.01 USDCEX.IO) Ethereums position will increase by over 6 points within the next 12 hours.
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Zoom to see progress, sorry for the bi-weekly chart.
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ETH was holding steady at 80 points. More revelations have come out and should expect a bounce back
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Increase, the bull has been released.
Trade closed: target reached
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I don't trade but my investment foresight has been proven.
What what are your thoughts for the next month and year?
ljprusac
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@donmecha, I see a steady rise with some bumps, but overall, Ethereum is a currency that will continually rise due to its potential. Competition between ETH and BTC will be strong for the next year which is a bonus for traders. Overall I think Ethereum is undervalued, I would hold onto it.