Today I would like to show you a chart I have made few weeks ago on Ethereum (ETH) and an update.
Here is the first chart :
As you can see, there are some cycles on Ethereum's chart. We ended the bear cycle when we touched the bottom of the rising range. (± 0.025 BTC)
Going long at this point was the BEST move you could have done in december 2017. If ETH keep going its way, we could go up to 0.4 .
Since the first chart, we already made almost x2.
Even in these bad times for BTC, ETH is still going up without any problem.
If you want to get in, I suggest to wait until we go trough the past ATH (pink zone)
If we go trough the pink zone, we will be in the "discover price" set up, this mean there is nothing to stop the price to go up.
Don't hesitate to comment your thoughts or questions.
Thanks for reading !
Julebut.