ETH this - TA - Feb 2nd 2018

in bitcoin •  7 years ago 

Put on your game faces ETH hodlers (that includes me). Look where we're at on the daily. Flying right through the cloud. Can ETH steer out of it and see sunny skies or drop down into rainy turbulence?

ETH has flown through the cloud before and came out for the better, obviously. But, you always wanna ask yourself if you're comfortable trading if price actions on the negative side of the cloud (i.e. it's a downtrend, people).

Fundamentality though, this all means nothing. ETH is going to do well and beat previous ATHs no doubt. This is just for those who are waiting on the sidelines dollar cost averaging their way into ETH. There may be some of those opportunities coming right up.

Drew some obligatory support lines. Check it out.

ETHUSDFeb22018.JPG

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Nice analysis! I agree, most of these top coins being down are just all dip-buying opportunities to dollar cost average in. Lets follow each other - I am a crypto trader as well!

Thanks! Followed!