Analysis solely based on technicals. I don' primarily trade cryptos or anything of that sort but looking at the crypto space, there's a lot of speculation from both sides, "The Believers and The Non-Believers" about whether is this a huge bubble or a game changer, matter of the fact is, nobody really knows. I personally liked Ethereum because of how undervalued it is compared to bitcoin, even though bitcoin may seem like a perfect opportunity to buy that dip but I'll still go for Ethereum (only if I traded it lol). Reason being not only the price but how stable it is and we all know Vitalik Buterin created it unlike Bitcoin but it does not change its nature of being a crypto at the end of the day.
Applying the Elliot methodology kinda helped me figure out where this crypto might be heading, not saying the rally is guaranteed but looking at the bigger picture might be helpful to possibly stay or capitalise the upcoming trend.
Applying the Elliot methodology kinda helped me figure out where this crypto might be heading, not saying the rally is guaranteed but looking at the bigger picture might be helpful to possibly stay or capitalise the upcoming trend.
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