while the rest of the market has been tanking, ether is the only one showing strength, holding on to 700 tightly, meaning while most popular alts have corrected 25 or more per cent from their average tops, ether has corrected around 15-16%. Every dip has been bought with decent volume, and as a result of this when bitcoin bottoms (expected to happen at 72xx usd) we can watch for ether to break out, not een expecting the price to fall much from here.
a breakout on the roc and godmode turning bullish would be what were waiting for, while bears can add shorts past 656 or so......
lets wait patiently everyone, for a confirmation , and once we get it can we go in on a nice eth long with a beautiful risk reward ratio
thanks for looking at this space, if you agree please dont hesitate to hit like