ETH forecast

in #ethereum7 years ago

Looking for a retest of the blue lines.
Last post said we would be retesting the low. We have.

Targets remain the same.
I believe icos and a lack of big game traders(who are on their holidays) are slowing down eth. I buy eth to participate in an ico, the ico company sells later on . its a circle keeping eth in a tight range.
Screen Shot 2017-07-08 at 3.09.24 PM.png

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Thanks for this analysis

No problem :)

Are you a trader?

Ether is no more a commodity or a store of value..
Its been hijacked by ICOs.. so leaving ETH for now would be a wise decision.

Yes I agree, the only solution is regulation of ico's, there needs to be requirements before someone can just put shit out to ico! While i still believe we will eventually see a higher high icos need to be reigned in other wise we could see price below 180 in a month or 2 imo.

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