$ETH outperformed $BTC in April... will it continue in May?
Updated
ETH had a difficult start of the year, from a flamboyant $1400 down to a worrying $350 taking it back to its value in Oct 2017... This feels like yesterday when you read it, but in cryptoland 3 months are an eternity ;-)If your read my chart, on the large scale a LOT can happen, but may/june are certainly bullish.
My first piece of advice as usual is: breathe and ZOOM OUT!
I know you're all stressed in your sofa, in the hesitation between fomoing on EOS, BCH or ADA and selling your underperforming XMR... Pause for a moment, zoom out and take it easy... Work on a plan, stick to it, you'll how much more relaxed you'll be.
Back to our ETH, if you zoom out on the weekly, you'll see there is still plenty of steem to block the RSI, volume is not yet there and the price is already going up, imagine when volume and hype will come back? KABOUM my friends.
Next resistance 0.08 and 0.09 and then 0.1 ;-)
This is ot financial adivce, play it safe, plan for a win but be ready to lose.
Trade active
The setup is forming pretty accurately for now.Eveything will play ou in the triangle I just drew in my view.
If we break by the top I'll convert a good portion of my ETH to BTC.
Note
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