Looking for 1200 level by end of month!
Most of the weak hands have sold and are watching. They will jump back in when we hit new all time highs in the 1400 area which I personally believe is what will propel us to the upper teens in the next several months.
Invest wisely!
Invest only what you can afford to lose.
Thanks
This is a weekly chart on Coinbase from the beginning. As you can see, we are still doing amazingly well. If you are looking for a long term investment then, buying ETH here in small amounts over time should prove to be very profitable. Over the next year or two we could be in the $2000 to $3000 level.
Of course, nothing is guaranteed and everything you invest,...
There is no assurance that trends will repeat or continue.
I believe that we have entered a period of upward price movement that will take us to
unbelievable prices in the next 2 - 3 weeks.
Thanks
As insane as 2017 was, I have drawn an even more insane probability.
Box 1......we already know, box 2 looks as unbelievable as box 1 but now we know the unbelievable is possible.
Box 1 and 2 are both approximately 6 months in length. Box 1 shows the incredible stair stepping rise from $8 to $420 (5,250% gain). We then had a 5 month very volatile consolidation...
Here's to hoping it just gets insane in the first quarter of 2018! When everyone comes back from their holiday gatherings and learns about crypto, we could see a new wave of buyers and a new optimism for the year ahead.
Merry Christmas and a happy new crypto year to EVERYONE !
PS - Thinking of changing my password at work to RETIREMENT2018!
We just went through a very long and wide ranging 5 month long consolidation period. The low (towards the end of consolidation) was around 280 and we ran up to 520. We immediately retraced back to 400 which was right on the 50% line. Therefore, I believe the low is in.
The scenario I submit is that we will consolidate in an ascending triangle for much of December...
