ETHUSD

14 de fev. de 2018

The chart of Ethereum is very similar to the chart of Bitcoin. Both prices of the crypto currencies are correcting and the most important question here is: Is the correction over? Probably yes, We did see a retrace back from the ATH about 70.5% which is the same amount we did back in the rally of June 16. So, if you bought Ethereum for 600$ a week ago.. well done. 600$ was the bottom of the descending channel as you can see in the chart. There is a good chance that we may see the top of the channel soon. First we have to break through the 900$ resistance and we may see the 1000$ levels. If the price breaks out the channel there can be opportunities for a new ATH. 1000$ is a good price to sell some coins since there might be a chance for a lower low and for opportunities to buy more for lower prices.

15 de fev. de 2018

Nota

Chart update