Before the ETH Fork, Technical Analysis
A Recent impulse makes traders optimistic?
Well From my point of view i hope it doesn't, we are close to achieve the block #7,080,000, apparently traders and investors dont want to miss this chance to make more profits.
As you can see, it still need it 13,763 Blocks to achieve the Hard Fork.
So what we can expect of Eth about the price.?
Dayli Time Frame
The price is rising because of the speculation about what will going to happen, but at my point of view, the volume its still very poor. Never the less if the price can sustain above the 140 Usd, we can expect the will seek for prices aroung 150 - 160 Usd. This is a "asuteric" proyeccion, but for me it's better be cautious y try not to get caught on the market.
If the price can "perfor" the area of 160 Usd with a high volume of transactions, we dont need to be scare if we see prices around 200 Usd in the mid term, but be carefull this only can be a movement to cactch more investors or traders and create liquidity for a strong sell.
Not always goes up!
If the prices does not sustain successfully above the 140 Usd and remain try to break it, we can expect a bear pull of the price around 100 and 110 UsD.
How you now my point of view, please tell me, what do you spec?
Have a nice day
Thank You.
Saul Q.
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This is looking a good Tec Analysis as ETH is currently just about $119.
Thumbs up!
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Yes!!! Its looking good!! but still i would speck that the price will continuie going down for now
Check where the price react!!
jajajaja Gracias :D!
@sfcq240788 excellent post . keep it up and continue posting
Thank you!! Yes!!
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I know this is labelled as a hardfork and it is sort of one but not as most people think this is just a basic upgrade to prepare for second layer protocols so I don't think there will be much of a pump as we've seen with HF's where there was a coin allocation pairing post split.
Nice, to be honet i must read more about Cosntantinopla, thank you for your coment.
last year,
I think ,at the beginning of the year, ETH will rise to 130 and then fall back to 100 .
Flea-style ups, And the end is 150 at the end of the year.