ETH overview & outlook
Bear mode is still on, however I expect some bounce from 430 zone - please see the huge red trend line - if this breaks '18 yearly low is the next support.
Wait for reversal pattern and volume increase before opening any long positions.
Fundamentally ETH is being currently punished:
-ETH/BTC broke the trendline in the recent days, ETH is being devaluated against BTC.
-ETC/ETH has recently gained momentum (its fading a bit now), some shift in the mining industry might happen.
-EOS has significant support by the community and it promises to be a better dapp platform - lets see if they can make it.
-In 2018H1, we were still waiting for proper regulation guidelines to attract big money and start to see a bull run.
PRO: Still ETH is the most popular dapp platform with highest adoption and it is supported by the biggest decentralized mining community.
Wait for reversal pattern and volume increase before opening any long positions.
Fundamentally ETH is being currently punished:
-ETH/BTC broke the trendline in the recent days, ETH is being devaluated against BTC.
-ETC/ETH has recently gained momentum (its fading a bit now), some shift in the mining industry might happen.
-EOS has significant support by the community and it promises to be a better dapp platform - lets see if they can make it.
-In 2018H1, we were still waiting for proper regulation guidelines to attract big money and start to see a bull run.
PRO: Still ETH is the most popular dapp platform with highest adoption and it is supported by the biggest decentralized mining community.
Aviso legal
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