ETHUSD looking ripe for a pull back

15 Apr 2021

Looking at the ETH USD chart, we are likely due for a pullback.

I would suspect with the weekend on the horizon, we may get one little push higher on Friday before we see our pullback but for me personally, I would suspect the pullback will head towards the 0.382 or possibly even the .5 fib levels.

Take it for what it's worth, recently have been seeing red weekends. Place some stink bids and see what you can get

23 Apr 2021

Catatan

Well it appears this played out very nicely. I am watching to see how this continues to play out but for now, I am not too bearish on ETH over the medium - long term. Personally i have been buying this dip.

This all is likely dependent on what BTC decides to do. I am not 100% sure how ETH/ALTS will perform if BTC really is at a top and nukes from here. Too many charts are indicating that we are NOT at a top, however, BTC is oging to take some time for the chart to clean up. Could be weeks, could be months, and until then, we can hope we range and/or trickle down slowly on BTC which will give ETH & alts the ability to rally before we see some major moves up in BTC.