ETH UPDATE @ $955 - Feb 17th 2018
Catching up from my last BTC post. We didn't hit my targets for re-entry. So I have just been dollar cost averaging myself back into BTC bit by bit. Still waiting for a pull back to my targets before I enter a large position back into BTC. If not, then I'm just going to keep dollar cost averaging here and there small positions. Not the best technical plan, but I'm long term bullish on this stuff.
Let's take a look at ETH cause an interesting area is coming up. It's in the same boat as BTC, but ETH seems to be closer..
- 50% fib retracement
- major s/r, check out the downtrending trendline
I wouldn't mind a pull back to make more entries, but I also wouldn't mind having a daily candle close above that trendline...