What will happen next?
It looks to me like we are at a decision point for ETH.
What do you think will happen next?
5 years ago in #eth by knircky (73)
$5.36
- Past Payouts $5.36, 0.00 TRX
- - Author $4.10, 0.00 TRX
- - Curators $1.26, 0.00 TRX
ich denke der aufwärtstrend hält noch ein wenig an. vll bis knapp 200
ETH is going to be increasing all year long. There are a number of updates happening to it all year long and any type of update has always meant a bump in price.
One leg higher would be nice to get to a new high at around 180$ and from there on I would be very cautious. A lot of traders are looking for that inverted head and shoulder pattern on Bitcoin, which would trigger a bigger buy signal if prices get above 4200-4400$. From the volume perspective there is no reason to believe that this rally is sustainable. I would short any bullish breakout attempts in or out of this range.
It looks like that question is answered! We went down!
jep.
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Now I know, but before I checked the market I was going to say: "We are going to have a correction".
At least ETH is constantly more profitable to mine for miners: