I didnt like when it started falling. but now I'll be looking to add ETH to my portfolio.
The thing is, it has perfectly retraced to support line and gracefully bounced off it. What the hell else do you need to be bullish on it?
It was inflated a few months ago without any real support, but this support line looks beautiful right now.
And one more thing. since btc just did a high leap up. it means it just started a new wave.
But every cycle makes 5 waves, so we will be seeing more upward movement in mid term, and it should be a relatively safe investment.
The price is 100 points higher above support, so I don't say its an ideal entry.
But, this ETH should be on your list. As it makes a second wave and moves down, it will be a time to buy.
The good thing about ETH is that it has a real world value (not just hype) and with more tokens the demand for Ethereum is increasing.
The thing is, it has perfectly retraced to support line and gracefully bounced off it. What the hell else do you need to be bullish on it?
It was inflated a few months ago without any real support, but this support line looks beautiful right now.
And one more thing. since btc just did a high leap up. it means it just started a new wave.
But every cycle makes 5 waves, so we will be seeing more upward movement in mid term, and it should be a relatively safe investment.
The price is 100 points higher above support, so I don't say its an ideal entry.
But, this ETH should be on your list. As it makes a second wave and moves down, it will be a time to buy.
The good thing about ETH is that it has a real world value (not just hype) and with more tokens the demand for Ethereum is increasing.
Commento:
Let me just clear this out. It could still go lower in theory. but mid term I think we are safe.