Where Ether is Going!!! CAUTION BUYERS IF BELOW 425$

in #steem7 years ago (edited)

Hello Folks,

I was watching Ethereum chart and would like to share my views near term on ETH. It is making bullish charts but at same time its a trap as well for buyers...!!!!!! CAUTION REQUIRED!

To me if ETH remains below its New High.. then guys expect dip towards $235 and if $200 taken out then we will straight go for $120 and possible $70 as well..

On flip side for short term if it cracks up its high then $500 and $650 are targets..

For now i am preferring downside as Market Cap grown high and thats good for market players... More $$$ are CANDIES for market to dump $$$ new ones.. So careful!!!

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Thanks for sharing! Curious to see what will happen next. I pulled out of ethereum so this time just as a bystander. Have fun out there and good luck with future posts!

Good Mate.. but for long term... it is EXTREMELY EXTREMELY BULLISH!!!!! I am seeing it going above 2500$ for BTC i see 6500$ next year start or end of this year as possible.. but these Beast Crypto Currencies will give dip.. so Watch Out!

I hope it drops to like50$ If that happens im gone buy a load of ethereum

I am more hopeful as it has bearish pattern of touching 45$ ☺ but i am not sure because it is making bullish setups on higher prices but market has its rules of trading to dump people when no one expects and then deep deep downside.. same for BTC.. it can go for 580$ but once again not sure but it left bearish setups and currencies do complete that after some time.. so who knows!!!! A deep dip and then back above..

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