ArunaBoga

ETH/USD Hold your horses for the right price

Long
ArunaBoga Updated   
KRAKEN:ETHUSD   Ethereum
Hi all,,, Sometime we really have to keep things simple than make them complicated with the charts. Its a simple analysis but speaks a lot. Looks like ETH/USD will reach down till 90 and then if the trend does not reverse will fall down till 50.
Wait and keep buying in tranches @90 and @50 and then forget for 5 years time. based on the technology and the acceptance that ETH has got, this will make us all RICH :-)
Comment:
Now that the friction in the Crypto world has eased a bit due to the ongoing discussions on Bitcoin group... I will say the 220 is the resistance.. if it crosses 220 then its a clear buy signal...if it fails to cross 220 then it will fall again till 155 before Aug 1st... then 155 will be the buy levels... Keep a close watch
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.