ETH is going through an indecisiveness because of the question as to where the money is to be made – ETH or BTC. As with all selling and buying, exhaustion sets in sooner or later. Who is on the other side of the selling? Is the latest spike in volume, clever money seeing an opportunity? Those who state that they know for sure are blowing smoke, imho. Money Man is leaning to the green side in this, but who knows?
So, this is a hesitant analysis, and it would be great if the dust will settle, but the levels of interest are of most importance in uncertainty. Do not be caught unprepared – calculate where you are and what you are prepared to take. You will never be 100% correct in trading, accept it.
Conclusion: Get your calculator out and plan. Very important to me: Please like if you appreciate the effort, please comment to develop this further and Please follow if you think this could lead to a place that you might like to know about.
So, this is a hesitant analysis, and it would be great if the dust will settle, but the levels of interest are of most importance in uncertainty. Do not be caught unprepared – calculate where you are and what you are prepared to take. You will never be 100% correct in trading, accept it.
Conclusion: Get your calculator out and plan. Very important to me: Please like if you appreciate the effort, please comment to develop this further and Please follow if you think this could lead to a place that you might like to know about.
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Related BTC contribution:
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Previous ETH contribution
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I have not done a complete analysis yet, but ETH so far looks like it will most prob consolidate here, but if madness continue then 438ish, 450ish, 470ish. BTC the same - if we get out now then 13800 and then 14100. I will write another analysis in about 12 hours. Keep calm and scale in - stay behind the price. Money Man advises to read the ed posts on Do Not Get Too Close and Parabolically Wrecked.
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Next ETH contribution.
