Yesterday I suggested to "buy some ETH now at this current price when its dancing around the trend line,"  which is around $230 or below. The target price was hit and now bouncing back to $276 at the time of this post. 

The curved trend line was on a log scale. See also the actual log chart:

ETH

Here's the chart yesterday when I made that suggestion without the last 2 bars:

 

So the trend line is so far 'accurate,' and you could make $46 (20%) in a few hours. What does this mean?

Two things:

1. This damn thing is very volatile;
2. 20% gain on ETH is no biggie. We are in for a long haul, which could mean thousands percent.

Be safe!

Previous Post In This Series:

ETH Looks Interesting! BTC, ETH And XRP Price Action Updates & Ongoing Thoughts (#10)

Cryptocurrencies Are Charging Back Again, And Now You Don't Hear The Naysayers! BTC, ETH And XRP Price Action Updates & Ongoing Thoughts (#9)

Stop Panicking! BTC, ETH and XRP Price Action Updates & Ongoing Thoughts (#8)

BTC (All-time High), ETH (All-time High) and XRP Price Action Updates & Ongoing Thoughts (#7)

Ethereum Will NOT Fail and BTC, ETH and XRP Price Action Updates & Ongoing Thoughts (#6)

Bitcoin (BTC), ETH and XRP Price Action Updates And Ongoing Thoughts (#5)

Bitcoin and ETH Price Action Updates And Ongoing Thoughts (#4)

Bitcoin and ETH Price Action Updates And Ongoing Thoughts (#3)

Hope Bitcoin Price to Drop More... (#2)

10 Months ago, When Bitcoin Was About $665, I turned bullish. (#1)

bitcoin goes to US$50,000 - 1,000,000 in 10 to 20 years! (#0)  

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