ETH - Market under pressure but ETH shows strength

in eth •  7 years ago 

In one of my previous post

https://steemit.com/cryptocurrency/@gailus/should-i-buy-eth-or-btc

I was talking about ETH vs. BTC and my choice was clearly for ETH.

If I look at ETH / USD, I can see I nice uptrend with an unchanged target of $1,580.-. Good to have some ETH in this market conditions as ETH seems to de-correlate from other coins.

Legal Disclaimer: I am not a financial advisor. This article is only meant for use as informative or entertainment purposes. It is not a recommendation to buy or sell anything.

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Unfortunately ETH broke the support line which ended the bullish uptrend.
I updated the wave count and now see it going lower to around $680 before potential upside.

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