ETHEREUM - MOON OR COFFEE
just playing with the thought of what happened to bitcoin when CME Futures started trading.
I know that the fundamentals for Ethereum are good and that Ethereum still offers a lot of growth potential.
But I also remember what happened to Bitcoin when CME shorts appeared.
I think that a pullback in this context and in this price region is very likely, but I would not be shocked by a further price increase.
In the event of a larger pullback, I could very well imagine a cup and handle and a longer accumulation phase.
I've played something with support and resistance as well as measured movements and I see very dizzying price targets for the near future for Ethereum should the macro trend not stop.
From my point of view, it currently makes little sense to actively trade ETH with leverage.
I am therefore starting to concentrate on spot purchases in order to increase my position significantly.
Time will tell what happens.
Trade save and happy trading!
I know that the fundamentals for Ethereum are good and that Ethereum still offers a lot of growth potential.
But I also remember what happened to Bitcoin when CME shorts appeared.
I think that a pullback in this context and in this price region is very likely, but I would not be shocked by a further price increase.
In the event of a larger pullback, I could very well imagine a cup and handle and a longer accumulation phase.
I've played something with support and resistance as well as measured movements and I see very dizzying price targets for the near future for Ethereum should the macro trend not stop.
From my point of view, it currently makes little sense to actively trade ETH with leverage.
I am therefore starting to concentrate on spot purchases in order to increase my position significantly.
Time will tell what happens.
Trade save and happy trading!
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