ALERT - ETHER ABOUT TO TAKE OFF TO TEST $300 AGAIN!
Hi there fellow Steemians,
EHT has been trading sideways now for some time and is starting to reach the end of a wedge that it has been forming. This together with the RSI that has been very closed to oversold tells me that ETH will most probably start to move up again after cooling down and consolidating.
I predict that this move will start somewhere today or tomorrow and will bring us up to test the $300 level.
We'll then have to see if the move up is strong enough to move through the resistance that will show up at that point.
I have set up a chart with my analysis so that you can have a look at it. If I were waiting for a lower price, to buy ETH, I would get in now as I do not believe that there is much downside in the short term.
Chart below:
Please share you thoughts below. I will reply to all! If you like this post please don't forget to upvote and if you want more news you are welcome to follow me! Thank you for your vote!
Have a great day,
@Ozz
Basically what you are saying is: HODL!!
Correct :) Following you now! Thanks for your reply!
@Ozz
It's a very strong possibility for it to go way higher, right now as I'm learning more and more, I like ether, have some, hoping to see it become more valuable. Nice post my freind.
Nice! I have ETH in my portfolio as well. In time ETH will go much higher I agree. But I hope that it will not move up too fast as it has done in it's first leg up. That makes for hardcore creations downwards as well (as we saw recently). Thanks for you reply and compliment ;)
Fingers crossed. Let's see if my projection is correct.
@Ozz