Yesterday I suggested to "buy some ETH now at this current price when its dancing around the trend line," which is around $230 or below. The target price was hit and now bouncing back to $276 at the time of this post.
The curved trend line was on a log scale. See also the actual log chart:
ETH
Here's the chart yesterday when I made that suggestion without the last 2 bars:
So the trend line is so far 'accurate,' and you could make $46 (20%) in a few hours. What does this mean?
Two things:
- This damn thing is very volatile;
- 20% gain on ETH is no biggie. We are in for a long haul, which could mean thousands percent.
Be safe!
Previous Post In This Series:
ETH Looks Interesting! BTC, ETH And XRP Price Action Updates & Ongoing Thoughts (#10)
Stop Panicking! BTC, ETH and XRP Price Action Updates & Ongoing Thoughts (#8)
BTC (All-time High), ETH (All-time High) and XRP Price Action Updates & Ongoing Thoughts (#7)
Ethereum Will NOT Fail and BTC, ETH and XRP Price Action Updates & Ongoing Thoughts (#6)
Bitcoin (BTC), ETH and XRP Price Action Updates And Ongoing Thoughts (#5)
Bitcoin and ETH Price Action Updates And Ongoing Thoughts (#4)
Bitcoin and ETH Price Action Updates And Ongoing Thoughts (#3)
Hope Bitcoin Price to Drop More... (#2)
10 Months ago, When Bitcoin Was About $665, I turned bullish. (#1)
bitcoin goes to US$50,000 - 1,000,000 in 10 to 20 years! (#0)
I like it. I also picked up some ETH on the dip. Keep the good content coming, following you.
Thank you, @acis! Following you back.
https://steemit.com/steem/@mehrab/35robb-steem-in-pakistan
Nice charts/post. I jumped in @ 232$..so far so good! :) Following