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Lion247
Aug 14, 2020 6:59 AM

Long term prediction! Long

Ethereum / DollarBitfinex

Description

We just entered a long position @ 400.00 !!!! this may take a while...

please let me know your opinion:

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Comments
B_Musk
Why are you predicting such an aggressively low top? That's not even 2x the last bull markets ATH. Ethereum is too new of an asset with too much growing room for such low amounts of growth. Peak ATHs of each bull market are usually many multiples of the previous.
Lion247
@B_Musk, let's hope so!!!
dontdaytrade
You've just randomly added a fib. What is it based on?
Lion247
@dontdaytrade, ...thank you for your comment. We took it from the lowest to the highest point, nobody can predict ETH perfectly but the chart looks more clear in this way. We opened a long position from 400 stoploss 365 last resistance level ....for the long term will see. have a great day!
Gaengphed
If this is a true projection, why not add monthly and see what it is Jan 2022 ;-)
Lion247
@Gaengphed, Thanks for your comment, what do you exactly mean?, this is the monthly? will have to see in 2022...
Gaengphed
@Lion247, well if you really believe ETH is going to 2400 USD, just add monthly to your ETH-stack. Don't look at it until 2022. That's when I expect this cycle to be at its end. I mean, no need to daytrade and take risks with FOMO in mind ;-)
Lion247
@Gaengphed, thanks! ..will do!
Mudrex
Upvote, thanks for sharing!
Check out my analysis on ETHUSD, potential breakout expected!
Lion247
@Mudrex, great job!
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