myTAsucks

The Trend is your FRIEND

Long
BITFINEX:ETHUSD   Ethereum
Friends & Expositioners,

I'll be the first to admit that My-TA-Sucks. I called $1,000 by end May, and it looks like I'll have to suck eggs now and revise my forecast. Seems like Consensus NY has become just another lame ICO shilling-fest. It pisses us off, because once upon a time it meant something.

BUT Fear Not! The trend is your friend. ETH will continue to bounce up, down and sideways. As long as it stays within the long-term trend channel (which it will), perceptions will just get stronger that ETH is the future!

For those of you who are feeling gloomy, here's some encouragement:

1. Flippening is just around the corner
2. Constant news of institutional managers getting ready to enter
3. High profile execs continue to leave their cushy offices to join start-ups (this is nuts btw)
4. Eth Dev Con IV is scheduled for Oct 30 in Prague
5. Regulators are bending over backwards to woo blockchain tech investments
6. It's getting soooo easy to hire devs just because you're a blockchain project

So the future is, in fact bright. 2018 is shaping up to be a golden year.

Happy HODLING!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.