This last summer I discussed with an anon that Ethereum would have a hard time the rest of the year because of the ICO cashout effect. Well, today is officially the last day of the year! (Happy New Years all). So maybe it is time we have a look at ethereum. Weekly MACD is about to have a nice cross it looks like and we seem to have broken the downtrend and this week may bring a weekly close above .05 resistance. RSI hasn't even breached 50 yet so we're still early here but it looks like Ethereum wants to run so I'm already buying. Good luck.
*Also another factor I was looking at was the ETHBTCLONGS ratio has finally started to fall. Now that the crowd is giving up on ethereum I can get interested.
Wait for the end of the correction. eth will follow BTC if it goes down ..
jamiecassels
⋅
@AntoineTonioAL, you may be right but intraday chart looks very bullish to me so I'm already loaded up a bit and will buy more if we test .05 and hold it. A weekly close above .05 will make ETHBTC fly.
jamiecassels
⋅
@AntoineTonioAL, I closed my long you were right. I will wait for entry.