This is the debate/argument I have had quite a few times, with so many of you. So let's put it simple:
- Bitcoin is one and only
- Ethereum now has many strong and capable competitors
In any case, I like to hedge my posts and ideas as much as i hedge my trades, so yes I am short on Ethereum on technical resistances.
Technical Analysis:
Price is at resistance and will most likely drop to 1905$
There it will decide what happens next (hopefully a rise).
In case that the price breaks over this level (2010$) then it will be off to 2300..
I believe 1350 would be a fair price to buy some (hopefully with the profits of the short positions I am on).
One Love,
the FXPROFESSOR
- Bitcoin is one and only
- Ethereum now has many strong and capable competitors
In any case, I like to hedge my posts and ideas as much as i hedge my trades, so yes I am short on Ethereum on technical resistances.
Technical Analysis:
Price is at resistance and will most likely drop to 1905$
There it will decide what happens next (hopefully a rise).
In case that the price breaks over this level (2010$) then it will be off to 2300..
I believe 1350 would be a fair price to buy some (hopefully with the profits of the short positions I am on).
One Love,
the FXPROFESSOR
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Disclaimer
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🌍 All in one place → fxprofessor.com
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.