ETH analysis
Has now moved 90% in a short time with no real retracement.
What goes up must come down.
The lack of a retrace means that alot of people are buying and alot of people will be looking to sell to take profits.
Currently I'm weary of any trades...
For long term outlook however this is good, seeing money flow into ETH and BTC holding so far is a good sign that maybe.. we'll get another alt coin season like at the start of 2018.
Short term = risky
Long term holds= nearing exit points? could have a few months to go before a good opportunity emerges.
What goes up must come down.
The lack of a retrace means that alot of people are buying and alot of people will be looking to sell to take profits.
Currently I'm weary of any trades...
For long term outlook however this is good, seeing money flow into ETH and BTC holding so far is a good sign that maybe.. we'll get another alt coin season like at the start of 2018.
Short term = risky
Long term holds= nearing exit points? could have a few months to go before a good opportunity emerges.
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