Bears wanted to get into the market with a STATEMENT!
The gains of 5 days WIPED OUT in just a couple hours!
And TECHNICALLY we're still into an uptrend.
Monthly support at 300. Now we have a major resistance around 400 and an intermediate around 372, the correction started apparently and ETH will still keep owing us a new ALL TIME HIGH.
2 hr chart show the selloff retreating from 180EMA , long term average, let's see how far the bears can take the ETH today! But some thing is sure, the bears are commanding right now!
Prices: CEX.IO (Orange line COINBASE)
Found this post useful? UPVOTE/COMMENT/RESTEEM IT
Want more upvotes, follows and exposure? Join SteemFollower here: https://steemfollower.com/?r=1602
As an ethereum miner, I really don’t mind having these downturns as it usually gives would-be miners second thoughts. Hopefully those who HOGGED the Vega 56 GPUs will flood them back on eBay so those of us who just want 1 or 2 to try out in our miners a chance to get them at a reasonable price!!!
Don't be scared away by short term fluctuations! Hold for the long term horizon!
Certainly, i'm not scared at all, i took my profits already. I love what's going to happen,take this time to load up on your alts and wait for a nice profit by the end of the year! But the selloff it's just starting, i love it!
Great
Post on steemit! I support you! I just sent you some SBD to you in your wallet.
This post was resteemed by @resteembot!
Good Luck!
Learn more about the @resteembot project in the introduction post.
Check out the other content resteemed by @resteembot.
Some of it is really cool!