Ethereum has seen some bullish pressure the last several days. Overall I think we are bullish, but I am keeping myself open to 2 scenarios. On the first, I think if we see some bullish candle patterns form at this zone, we can go long. On the other handle, if price breaks, re-tests the zone and I see wick rejections, then I will go short.
Overall, my bias is bullish, because this is a bullish trend.
nope..its like 2018.january..bull is end for now..
realmino
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@55982f5ae2494697b0bb273eb04d81, it's very unlikely that's its over. We're still not even in euphoria stage in NUPL indicator for BTC
55982f5ae2494697b0bb273eb04d81
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@realmino, i think.is.over another year again for bull.run.. btc hit the target twice as its all time high
reubenroyal
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@55982f5ae2494697b0bb273eb04d81, Quite possible. It would be great if it went back down, as I would love to get another buy opportunity at a discount for a long term hold.
reubenroyal
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@55982f5ae2494697b0bb273eb04d81, Also, another thing to consider, is that DXY has gained quite a bit of strength and recovered a bit. So because of that, many cryptos are going down against it
55982f5ae2494697b0bb273eb04d81
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@reubenroyal, over sell may reach.1200 then goes.down thats.final
reubenroyal
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@55982f5ae2494697b0bb273eb04d81, We will see soon enough! I think most cryptos will see a lot of growth this year and I think ethereum will be up at the top