I guess the investment strategy is SHORT/ But after the mini recon in 14hours, LONG all day. But Watch the momentum!
We’ve finally broke through the slump that was holding ETH in the $1600 Range! Now even though we had this fantastic day, which concluded with the days high of $1841, that will unfortunately be it the largest increase for the next few days. ETH has realigned itself back within the channel it was in prior to the big $1540 drop. So I guess the good news is that were not going to be falling back to sub 1700s, but the bad news is that I’m fairly certain were going to hit 1780s then bounce back up to idle between there and $1820... Well that, and the 2k ETH days are that of the past.
I am bit worried about the longer length charts, the indications of whats to come I’m not too stoked. But for you day traders, and scalpers, wait till this downtrend concludes and go get that SHMONEY!
Trading can be sketchy if you don’t know what your doing, This isn’t financial advice, it’s just the little voice in my head as i write down one of my potential plans lol, Don’t sue me. GoodluccETHUSD trading Fam