Hi all.... looks like ETH will now take initial support at 260 (first buying point) and then move up to 360...
in case it breaches 260 then this will fall till 200 (second buying point) and this will eventually result in a big up move to 400... overall bullish on ETH in long term...
in case it breaches 260 then this will fall till 200 (second buying point) and this will eventually result in a big up move to 400... overall bullish on ETH in long term...
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That was a cool run up:-) now this will go close to 350 level :-)
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Am waiting for 350 in a couple of days...
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And wow... it touched 350 :-) Target 400 still intact...
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With the restrictions of China on ICO's and the pull out of close to 35 Billion USD from the crypto market, there for sure will be a downturn in price and this is what we are seeing now... Long term investors still be with this... The long term story is still in tact...
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Just another update... I dont see more downside than 250 or 260...