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/biz/ - Business & Finance

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10672291 No.10672291 [Reply] [Original]

On paper Ethereum's real support is between 280-300 which lasted for a good solid 2 months last year.

In normal conditions this would be the bottom for a new up cycle BUT this time we have ICOs/SCAMMERS panic selling HUNDRED OF THOUSANDS worth of ETH right into the market and the lower it goes the more panic sellers.


Dont be surprised if we hit 220-250 in a 2 week span, wait for a support confirmation or trend reversal before entering the market, dont pink wojack on me.

>> No.10672322

>>10672291
250 area seems to be almost every TA posters first target right now, if the velocity is big enough, we'll plow right through the support there as well

>dont pink wojack on me
this is /biz/, people will always pink wojak. you cant change that

>> No.10672327
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10672327

>>10672291
>220-250

>> No.10672793
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10672793

>>10672327
Peter is an example to all of us.

>> No.10672860

>>10672793
It's hilarious how many people say he's wrong on his twitter. I tethered up when he posted this and I'm glad I did.

>> No.10673482

>>10672860
Every time he bets on the wrong side people start acting like he lost half his account.