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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