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Panjang

ETH - Crazy Price Channel

BITSTAMP:ETHUSD   Ethereum / Dolar
ETHUSD             - At some point this will end but this price channel is Insane. Won't continue forever and will need to take a pause. I think money is cycling into Ethereum             and out of other cryptos. We could see this uptrend for another few days but I won't be surprised if it takes a big pause before 1400. I am long ETHUSD             .
ETHUSD - The uptrend has been broken. We will likely trade down to sideways for a while. All markets need a breather occasionally and after the run put in by ETH over the past couple of weeks it is to be expected. I didn't expect the uptrend to continue but I didn't expect it to end so soon. This is starting to look a lot like the .com wreckage in 2000/2001. Trends and Momentum are changing in a hurry with crazy amounts of volatility.
Balas
I hear ya. I am really late to ETH. It never hurts to take profits. Money will cycle out of ETH and into other cryptos so if the price breaks the channel on the downside it is likely a good time to sell. At this point that is about 1200.
Balas
Waiting for a huge drop that never seems to come. have invested in eth. And put in some pretty late at 900 as well. Dont know to feel stupid or smart to wait for a big drop before putting more Money in it
Balas
It will never end! ETH will be big in 2018.
Balas
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