Ethereum (ETH): Following Bitcoin to a Lower Low likely

in ethereum •  6 months ago

SUMMARY

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Unlike Bitcoin (BTC), Ethereum (ETH) hasn't yet generated a lower low; but it is likely following. Similar to BTC, ETH also broke down from its wedge pattern on a D wave. The below chart shows the red subwaves of blue 5 of red C. The $461 or perhaps as low as $448 or so could mark the correction bottom. A downward wedge pattern would not be surprising.

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lower time will com with bitcoin at $5000 and lower .. so ether is a buy for me around $ 300...

It would have been foolish to believe that these markets would go untested. Just like the dot-com era of the early 2000s, there will be many that will not survive the culling.

That is not a bad thing.

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By many that is 95% of coins and tokens. There are tens of billions of USD currently invested in those useless shitcoins. Don't want to be around when all that goes down the black hole...

Wait for the 450$ mark to buy ethereum, i love this times when you can buy at the discount :)

Its really massive!

thanks God it doesn't pull all the ETH-based coins with it. I'm sitting still on my PKT and even wait for growth

wow ... cool

I like this post, and i believe in crypto

Another great report. Keep it up!

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin7378.580$-2.33%-12.78%
EOSEOS12.448$-2.14%-10.43%
ETHEthereum573.239$-5.05%-20.07%
QAUQuantum0.153$6.67%-10.0%
WAVESWaves4.288$-4.64%-29.19%

Good the news
Please like the news my 😀@haejin

thank you for the information, may be the initial knowledge for us all

Decenas de Millones de USD invertidos en inutiles shitcoins???? como puede ser eso posible....

For buying, i prefer to use Etherum. and really had no reason except that my coach told me it is better to buy with Eth. so each time i buy, i use it to buy another. in other words, i don't hold Eth, until recently. So now as it keeps dipping, i keep buying to hodl.

Crypto, all the way.... Nice post

We will be looking back in 5 years at prices and thinking this was the opportunity of the lifetime to buy