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Ethereum / Euro

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ETHEUR trade ideas

Ethereum in the futureRight now Ethereum seems to have broken the downtrend and by that closed the peak. Now it seems to be going to test the larger downtrend around 1010 EUR level. From that it will either break the triangle and test the 1080 EUR level. Alternatively if it gets rejected by the downtrend, Ethereum will probably break its long-time uptrend, forming Adam&Eve pattern in the process, that will carry it all the way down to the 810EUR. Choppiness index and Stochastic generally agree on the current uptrend towards 1010 EUR.
by PFabrik
Ethereum - Levels of interest for this year!Just like for my previous post on Bitcoin , here you have the levels of interest we have to keep an eye on for this year. Right now we're approaching the all-time high so expect some resistance. The best thing to do right now is to take at least some profits and let others fight for this zone because don't forget, profits are yours only after you take them! You can then buy back in again once we see a breakout. FYI : Long term I remain very bullish cryptos but not because I'm necessarily a believer or Hodler but simply because price is telling me that there are a lot more gains to be made in the coming months and years. But, short term, I take profits and often close most of my positions simply because I don't want my money to sit doing nothing when there's a big correction coming. And even if price keeps on going higher when I get out, I'm not necessarily bothered because I can simply buy back in again. I rather miss 5%-10% of gains rather than lose my sanity and hair holding during a big correction.
Long
by ElliottWaveBelgium