Without the kind of exuberance and momentum of the previous rise and fall within ETH's channel, we might not expect it to collapse through the bottom channel wall again. However, if it does, and follows the previous negative break-out, we might expect around a further 15% dip give or take.
Potential rewards if we climb up to the top of the channel again could be as much as 66%.
Either ride out any correction, dollar average any losses, or set some tight stops, it's up to you and how much risk you're prepared to accept. And, of course, how much you believe in the ETH project.
But most importantly don't listen to me, some guy on the internet. Honestly.
Potential rewards if we climb up to the top of the channel again could be as much as 66%.
Either ride out any correction, dollar average any losses, or set some tight stops, it's up to you and how much risk you're prepared to accept. And, of course, how much you believe in the ETH project.
But most importantly don't listen to me, some guy on the internet. Honestly.