Downtrend has ended on ETH, it's very possible Ethereum will rise to $500+ due to a frenzy of speculators amidst institutional interest. BTC also may have solved their scaling debate and a mildly optimal solution may have been achieved. Not the BEST solution, but one that the market will react to favorably... Goldman Sachs has a price target of 3000-4000 on BTC if I remember correctly (did not do adequate due diligence on this, don't quote me), so even if Ethereum maintains a price ratio of .15, around it's previous high, this should easily put Ethereum to $500.
Not a lot of analysis needed for this pattern, simply buy when it is cheap and hold for optimal prices. Make sure to take some profit along the way, definitely take some profit around previous all time highs just in case this doesn't work out as well as we would like.
I am not a certified Securities Profesisonal and I am not qualified to make a recommendation. I am not making a recommendation. Do your own due diligence. Consult with your financial advisor before making any financial decisions.
Not a lot of analysis needed for this pattern, simply buy when it is cheap and hold for optimal prices. Make sure to take some profit along the way, definitely take some profit around previous all time highs just in case this doesn't work out as well as we would like.
I am not a certified Securities Profesisonal and I am not qualified to make a recommendation. I am not making a recommendation. Do your own due diligence. Consult with your financial advisor before making any financial decisions.