DataMoney

When will ETH hit 2k? What does that man to you and me?

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
ETH (and most cryptos for that matter) have been making history in the last couple of months. Never before it had 4 months of straight sky-rocketing bull run, almost without a fault. That is very unusual for cryptos market and is causing FOMO and anxiety for many people. I can't even count how many times in the last 2 months I have seen people celebrating that they have sold everything they have at "the top" just to realize two days later that market went 10-15% up!

How long will this spectacular bull run last? ETH has been massively overpriced for at least a month now. According to data, it is long overdue a massive correction or at least a few weeks of sharp decline. Markets can stay irrational longer than one can remain solvent. Unless you are a massive whale or someone like Michael Burry - you can`t fight it, the market will always win. Follow my posts, go with the flow and hopefully, everyone will be making some profit πŸ’Έ

When will ETH hit 2k? It is very likely that BTC will keep going up today. If that's the case, regardless of what's happening in other markets everything will keep going up. The same for ETH, people are buying, volumes are not that bad. ETH is likely to hit 2k today! πŸš€

Today's technicals:
Position is long
Forecasted highs at 1950 and 2k (if ETH quickly breaks the top of the channel and manages to form support above it, just wait and see that rocket taking off!)
Mid-way point at ~1815
Forecasted lows unlikely to drop to 1850 and 1800

Have fun trading! πŸ€‘

If you would like to have early access to my TA's write "Markets are irrational, but I want to know" in the comments down below 😁

Comments

this is really brilliant, thank you and keep it up!
+2 Reply
@ilkut Gold?
Reply
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