RE: ETHEREUM (ETH): ABC Zig Zag Scenario

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ETHEREUM (ETH): ABC Zig Zag Scenario

in dlive •  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?

dlive
7 years ago by

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      ·  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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      ·  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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        ·  7 years ago 

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

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          ·  7 years ago 

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

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            ·  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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              ·  7 years ago 

            yup!

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                ·  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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