We are in several days very terrible for Ethereum.
Did we hope for something better will come? Yes hope for your dream but right now I see negative in the chart that we need NEW BOTTOM before YOUR DREAM will come and accumulate at NEW BOTTOM in a time before the market born again.
how? thats the mother of the bullish channels right there
UnknownUnicorn3126937
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@Karonte, In what way sir? Even a $90 price for ETH by January 2019 puts it at about 900% gains since January of 2017..... Maybe you were just on the wrong side of the mother of all bull runs mate... We might hit some tiny blips back up when RSI is oversold on the way down of 5-20% or so, but this thing is about to get straight up REKT in the next few months. Especially as all these shitcoins that have absolutely NO USE CASE that are built on the Ethereum Blockchain begin selling off massively in order to pay back investors what is left of their money. We may not get there overnight, but $200 ETH is not out of the question, and even $140 ETH has room to drop still if market pressure is right. Not to mention, if BTC goes to 3k, which would leave it STILL UP 300% YoY from August last year mind you, where the hell do you think ETH will go? Up?! I have a better chance of defying gravity and floating to the moon you are hoping to see right now than that. Be careful and set your stops, because you better believe the whales that own massive amounts of BTC make more money shorting it than they ever could longing it. Because noobs are so easy to scare out of a market they know nothing about. All they have to do is push the snowball an inch, and down the mountain of hopium it will roll.
Karonte
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@burnbabylon,my bad i meant bull flag not channel.
XCryptonacciX
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Yep, its going to be baaaad.
Patladj.
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The 3rd time will be unlike the previous 2 times sir. It will be much more violent and volatile. With prices literally going down to zero for a very short amount of time - for all cryptocurrencies including BTC itself
dandybundy
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How likely, do you think is this recovery above $300? What time-frame?