ETH waiting for buy range and long-term hold
Updated
Purchase in the range of 226-180 and holding from 1-2 months
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#ETH
We went into the buying range, slowly begin to open the longs. It should be borne in mind that globally the whole market remains in a bearish phase and we can move even lower. Investments should be distributed up to the lowest psychological levels, gradually bribing every drawdown from this moment. The 180 mark for Ethereum looks like a very likely reversal area, it will be extremely difficult to lower the price below the bear. Who has not managed to close the deals for some reason and is in the red, closing now is rather risky, the current drawdown has a strong impulse in the shortest possible time, which gives a good chance for a slight rebound (probably it will be a "rebound of a dead cat" followed by a further decline) . For those who have the patience, the most correct decision will be to expect further long-term growth, having a drawdown already now (at current levels) is not afraid to drop lower, because the market is already too oversold and looking for the ground for a reversal. Going out now hoping to re-enter, but at even lower levels, we get a big risk not to catch the "perfect entrance" and already catch up with the "departing train", possibly on the same levels.
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#ETH
We make a purchase at current levels, but it is possible to drop below
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#ETH
Still in the buying range, partially bribed. We observe a fairly rapid decline in the market (in the past, the post was warned about this event), there is a chance to go below the expected turn area. We add pending orders for a purchase near the level of 160. We do not use the stop for this transaction, we take it for long-term retention. Ethereum top coin, currently has a corrective rollback of more than -85% of its maximum value and is at the levels from which the global growth began last year, definitely holding.
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#ETH
Breaks through its recent low, apparently pending orders for the purchase of 160 are becoming more relevant. We should not panic or fear falling, we neatly buy part of it, without fanaticism and not at the whole deposit, distributing money to the lowest psychological levels. We can still decline a little, but indicators indicators, market conditions, technical and fundamental analyzes in general indicate the beginning of the bull rally tentatively towards the end of September. Now is the time to accumulate long-term long positions on top coins, but distributing the deposit for the possibility of additional purchase and controlling their emotions.
The market completely follows the scenario, which was published on 05.09, at the moment we are at the bottom of the template, from which it is more likely to go higher than to break support. Breakdown down will be more false and manipulative in nature, with a further return up.
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#ETHEthereum prepares for the next dump, we place buy orders as close as possible to level 155
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The part purchased in rahge of 226-180, remains in the hold for a period of 1-2 months, we hold it under any circumstances. Ethereum with any bullrun should show itself stronger than other alts. We received a fairly low-risk investment from current levels. Strait is not excluded, other market manipulations are possible, the price may sink, but we took a long-term position with a good chance of success.
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