ETHUSD perspective: Again kinda worked as expected.
Market seems to gaining a bullish momentum overall and this ain't a bad place to go long . The blue box- 277-287 range is a good point for a possible long term (15-25 days) hold.
The green is support and i wouldn't sell until that is broken. One could argue for possible H&S forming on ETH but could only see a small retrace.
I might buy 5-10% of my planned ETH at that blue box but will open a huge long on that BLACK THICK LINE. On a new ATH we might see 600-700 which is easy target- Also keep in mind that after PoW to PoS - there might be Masternodes coming in which will bring on FOMO
Indicators are self explanatory.
Market seems to gaining a bullish momentum overall and this ain't a bad place to go long . The blue box- 277-287 range is a good point for a possible long term (15-25 days) hold.
The green is support and i wouldn't sell until that is broken. One could argue for possible H&S forming on ETH but could only see a small retrace.
I might buy 5-10% of my planned ETH at that blue box but will open a huge long on that BLACK THICK LINE. On a new ATH we might see 600-700 which is easy target- Also keep in mind that after PoW to PoS - there might be Masternodes coming in which will bring on FOMO
Indicators are self explanatory.
Note
Also people might starting hedge again big ALTcoins like BCC,ETH,DASH after fork.Note
we did get into that box for fill up
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.