ETHEREUM (ETH): ABC Zig Zag Scenario

chrone (53) 7 years ago

dtube didnt work for me and your youtube link is wrong hehe

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cikkis (34) 7 years ago (edited)

Interesting perspective based on technical analysis. What is your take on ETH if we see a reversal in BTC? Currently still in a downtrend but reaching an apex shortly. Could be a very interesting week within the crypto space.

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mavaor (37) 7 years ago

So it's mean we are going to moon.

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asiahajranajma (-6)(1) 7 years ago

48 cryptocurrencies which price get in and out. Detail here!
https://steemit.com/cryptocurrencies/@salahuddin2004/top-48-cryptocurrencies-pending-price-target-and-their-due-dates-when-they-will-hit-targets-28-01-2018

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damss83 (44) 7 years ago

looks more like the core of the earth for couple of weeks ;-)

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markb4th (31) 7 years ago

Very interesting analysis. That's going to quite some correction if true. Is it worth thinking about converting a chunk back into fiat for the time being?

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asiahajranajma (-6)(1) 7 years ago

First we go to $1500 on EHT
https://steemit.com/ethereum/@salahuddin2004/update-1-for-ethereum-predication-17-target-usd1500-expected-date-before-02-may-2018

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markb4th (31) 7 years ago

We could see the predicted correction above and still have time to make it back up to $1500 by May.

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oyvindsabo (53) 7 years ago

Or just buy more at the dip;)
Personally, I prefer to never sell. Of course, I see that a lot of times, selling would be the wisest move, but then again, you have to choose the right time to buy back in. With all the ICO's happening in 2018, Ethereum is in constant demand, so even though there might be a correction, I'm sure the growth will be positive in the long run, regardless.
Cheers.

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markb4th (31) 7 years ago

You make a good point regarding the demand on Ethereum from the countless ICO's. I'm fairly new to the trading game so just looking for advice on how to play a possible correction. My holdings are relatively low anyway so for ease I'll probably just hold on, and like you say maybe increase my ETH if it dips. Thanks

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bjlsteemit (38) 7 years ago

Is this not the Cup and Handle ?
https://www.coinigy.com/s/i/5a6f3f60c97ef/

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haejin (88) 7 years ago

It could have a higher high. But not really Cup & Handle.

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tumtum01 (30) 7 years ago

Even by his count it has some room to grow. Others are projecting that the correction is over. As with anything in this current market, I would set stops and see where it goes.

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banana-split (13) 7 years ago

yup!

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haejin (88) 7 years ago

That needs to be a set ade decision. Having cash is very helpful during times of corrections. But he’s tine to raise cash is during the upswings.

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vitkolesnik (62) 7 years ago

Just fyi: there's a typo in the title. Otherwise looks possible.

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oyvindsabo (53) 7 years ago

Wow, I actually had to read the title three times before noticing it. I guess once you have read a word enough times, you just have to read the first letters and the length of the word to instantly recognize it.

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2 votes