EthereumLong
Is ETH forming a "B" bottom?
Updated
While everyone has been waiting for BTC to make a move, it seems like this morning alts decided to get going and start moving. This is a very good sign. On all of crosses, every single one has a long ways up to go and upwards pressure. We could very well be entering a time where we need to start hodling onto crypto. For ether we could very easily see 500, and probably 1200 by next year. If you are going to hodl, now is a good time to start phasing into the market, from here, I would try to scoop up any short term dips. As long as this 190-200 area holds, we will move much higher.
Alternatively, if this is the bottom we will flounder around the 175 area for a time, maybe dip to 150. Either way, probably a good time to start accumulating now we have some upward pressure.
Happy Trading and hodling.
-Sherem
Alternatively, if this is the bottom we will flounder around the 175 area for a time, maybe dip to 150. Either way, probably a good time to start accumulating now we have some upward pressure.
Happy Trading and hodling.
-Sherem
Note
You can see how this is fitting into my previous idea quite nicely. Everyone reading my updates should be prepared for this. 
Note
This chart is still valid. Only becomes invalid if we break below 150.00Note
This is a big deal... Eth is formally classified as a commodity. finance.yahoo.com/news/cftc-says-cryptocurrency-ether-is-a-commodity-and-is-open-to-ether-derivatives-133455545.html
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