Hello traders, Today is Memorial Day and ETH so I am going to keep this initial post short and sweet and will most likely update it in the coming week.
-ETH has had a 100/200 MA death cross for the first time in its history ( at least on bitfinex)
- The last time the 100/200 MA crossed on ETH we had a massive bull run, will the dead cross lead to an equally devastating bear mauling?
-Eth has also broken local support and is very near to breaking a much larger long term support (I will follow up on this in the comments)
My humble targets--- 450 USD, 250 USD, 100 USD.
Hope you all have a wonderful day!
Red Boar
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A little bit closer look at the daily for ETH
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ETH weekly view.
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We are Quickly approaching our first target at $450! Let's see if we can hit target two at $250!
Good luck!
Red Boar
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ETH continues is death spiral to oblivion, 450 didnt give us much of a problem now 250 up next! I won't be trading it because the liquidity is too low in BTC much less a shit coin like ETH and I would never put a penny on finex LOL when they collapse it will be bad. Anyways, just a little up date :)
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you know what? F it, next dead cat bounce the markets get i am going to start building and ETH short....I know i said the market wasn't liquid enough for me but I can't resist...I ADMIT IT GUYS, I am fomoing. :)
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This is crazy! ETH is down over 20 percent since my last update!! WHY did i not short it into oblivion!?!? Well I was waiting on a ded cat bounce but ETH is weaker than even I thought! Gosh, this was such a golden oppurtunity annnnnd It's gone. But I am trying not to panic and keep things in perspective, ETH is probably going to like 10 USD so I have PLENTY of time. whew...ok just breathe and stay calm....here is my update
Well guys our 100 USD target has been hit...that means we have officially hit ALL three of our targets from MAY, what a ride it has been. If you listened to my advice adn were able to get out back in may it means you save A WHOLE LOT of money. Send me a DM for a tip address if you feel so inclined. :)
Your prediction seems to hold, nice. What is most likely, 450, 250 or 100 eth? Will it moon within a year or longer period like I think John Mcaffee says?
TEXAGG22
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@erfrerd, I would say most likely is probably somehwere between 150-300 usd...but that is just a guess
vaughnsi
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HODL
weslad
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ETHUSD had a good bounce let see if this bounce will be sustained.
himi
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Where does it end man??
aklang
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good
TEXAGG22
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