I'm not sure what to make of ETH at the moment. It feels like it should tend upwards from here and at the very least, it should hold the $1300 mark. Unfortunately there isn't any hard direction signals at this point other than the DeMarker which suggests upward momentum.
I follow its trading signals but frankly i just buy and hold. The asset is far to volatile with far to much long term potential to take the risk of trading in and out for the sake of 5% - 10% here and there. At least that just my view. :)
All in all, March should be interesting...
Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
I follow its trading signals but frankly i just buy and hold. The asset is far to volatile with far to much long term potential to take the risk of trading in and out for the sake of 5% - 10% here and there. At least that just my view. :)
All in all, March should be interesting...
Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
