Ethereum Price Prediction December 22 Uptrend forming!
Ethereum Price Prediction December 22 Uptrend forming! Above is the 1 hour chart showing a 1 hour uptrend getting huge support at $610. Major resistance at $675. Parabolic Sar is in a uptrend look for a 6 hour buying window before any downswing occurs. With CME future closed nothing is holding back Bitcoin and helping ALTS. Limit ups might push it higher after Xmas.
— Blake Bedford-Palmer (@BlakeBP) December 21, 2017
— WikiLeaks (@wikileaks) December 22, 2017
— owocki (@owocki) December 20, 2017
Sentiment here is still too bullish. 1 day chart MACD line literally just crossed the signal line, and it’s just starting to go negative. Sell volume is also still high.
I’m not risking another round of sell high/buy, but I’m not confident this dump is over. We may see 2-3 days of consolidation at 700-750, followed by another crash.
If you’ve already sold, don’t fomo in now. I’d wait for either a solid upward trend, or the dip.After you wait for a solid uptrend, what if its $1200? You buy there? Or buy now at $700 and hold and even if it goes to $150, we are all here that ETH will be $1200 some day..