So are you freaking out that Ethereum is selling off and down over $100 within 3 days? At this point, should you buy, hold or sell?
Here are few questions you need to ask yourself?
- Has the fundamental changed in anyways within the Ethereum network?
- Ethereum prices jumped from $15 to $415 in just few months, is it possible for some traders to sell and take profits?
- Did you wish for ETH price dips, go on sale, a discount on ETH prices so you can accumulate more in the last few weeks?
- Is it possible for price of anything only go straight up without any pause or corrections?
- Are you in ETH for the long term and still believe in its technology?
- Do you really rather be holding on to paper money or inflated stocks than ETH?
- Did you get enough sleep in the last few days?
Below is a technical chart on ETH price in Bollinger Bands. It illustrates the last correction and what is happening now. I will present it without any comments. Use your common sense to predict what might happen next!
Happy Trading
Like & Follow us on Facebook News page for more news updates.....
https://www.facebook.com/CryptoEverything/
Jia H