ETHEREUM finally intermediate term BOTTOMED

in #cryptocurrency • 6 years ago (edited)

GEEZ what a ROUND TRIP!

Ethereum has been absolutely obliterated with no buyers in sight all of 2018. I thought that it would get back and I honestly fully expected a 300 test but I did not expect it to go sideways and then dump! However, when it did go sideways for a while and didn't bounce that was your signal to step away and wait again.

We are going through a HUGE distribution phase here and the accumulation should be the play as Ihave said. I believe that we have just bottomed in the intermediate term here as FINALLY SOME VOLUME came in and those 300 hodlers capitulated at 150.

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I am looking for a move back into te move averages around 400 here but there is ALOT of work that has to be done in repairing the ALT charts.

Stay on the grind and accumulate my friends...

SB_new.png

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#crypto #bitcoin #blockchain #timm
6 years ago in #cryptocurrency by
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     6 years ago 

    I like your thinking around the 300 buyers capitulating here. There’s the buy liquidity for the smart players to soak up.

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       6 years ago 

      i got crushed in ETH, i bought too much too high....I need ATHs to get ahead

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         6 years ago 

        I applied for Steemit Bloggers and they just kicked me from the discord and didn't say anything. Nice post btw. Eth has definitely moved a lot.

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