Bullish and alphabaynews equals rocket
Updated
Eth has showed strong bullish signs and a small correction has been completed. Following reasons for going long:
(Only trade what you can afford to lose, this is just speculation)
- Dash pumping has has shown that $100 mark isnt that difficult to reach in a strong bullish run.
- Eth recently had a small correction, now ready for another ride, probably going 2x.
- Alphabay just announced they will support eth starting May 1st, monero went 12x with that announcement.
- Alot of support from corporations and new countries jumping in (korea), new money pumping in and new support being established at last alltimehigh.
- Alot of FUD expected for btc, people will feel like either cashing out or switching coin until the whole drama is over.
- Same time last year Alts in general had a good run, with alot of swings expected in the regular stock market until end May cryptocurrencies might get alot of attention. Especially with the rise of dash.
- Both TA and FA support a nice bullish run for another couple of weeks.
(Only trade what you can afford to lose, this is just speculation)
Note
TP1 is set around 0.0655 following a simple ABCD patternNote
TP2 around 0.090 (fibionacci)Trade closed manually
Closing while in profit, the fork of BTC is attracting too many people to hold BTC so expecting a general altcoin dump this week
Trader4life, with some berries on top
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