Right now, we can anticipate higher prices all month, courtesy of the daily and weekly signals depicted in yellow and turquoise. This weekend is loaded with fundamental events that can further boost this rally, so I think it is logical to see $ETHEUR hit the daily and weekly top target zones in time or even earlier than expected.
After the time expires for these signals, we could commence a consolidation phase, which can take a myriad of shapes, and isn't predictable yet, other than on a time duration basis. Normally, the market will absorb supply from profit taking, which takes a proportional amount of time to the rally itself, so it is logical to observe what Tim West has noted in his 'Time at Mode' proprietary method. So far, this methodology has served me well, and I would be glad to share the benefits of it with people interested in trading these powerful trends. Tim is working on new material currently, you can pm me or him to learn more about it.
Now, on to the trading reccomendation aspect, if you're long, consider average to determine your position sizing. During a trend, it is reccomended to gain exposure, and while consolidating, trimming it back down, or outright taking profits. Don't risk more than a 10% drawdown on a worst case scenario basis if trading long term, it will be hard to recover otherwise.
Keep your coins safe in hardware wallets like the Trezor or Ledger nano , and make sure you do your due diligence when it comes to cybersecurity, and exposure to centralized exchange risk and margin trading.
I feel we have a long term top in all coins, I will watch for reentry, but moving money out of crypto into equities and metals.
I would reccomend to sell and wait for the market to correct if still in.
That sounds like wise assery...it's never well received.
I'm not upset, I stand by my decisions.
Anyway, have a good weekend man.