Post
Topic
Board Altcoin Discussion
Re: BTC was first bottom up experiment. Is ETH first top down planned by banks?
by
keepdoing
on 29/02/2016, 20:41:53 UTC
This whole thread is a bullish indicator for the price of ethereum.

... Like sell on good news.
Sometimes.  I predict another wave of "to the moon enthusiasm" first though.  My target is a mid $7 - mid $9 spike before a pullback to $7 - then a slow stabilization of $8ish.   There's not really been enough of any event to rationalize any "profit taking".  My guess is we're coiling up tension for a break out to upside.

Who knows.  Maybe.  Maybe not.  It's going to keep going up in stages though in some way unless there is news that indicates it is going to fail / be replaced.  I don't see that anywhere.  Just occassional short pumping day traders that are bored and trying to force some movement - but I don't see any momentum for a short play yet.  So... up.