I think the times where the hard fork was used to be a very strong reason for upside momentum are behind us.
If this hard fork would give holders new coins, I would expect big move, but since it will be a software update that will improve network focusing mainly on preventing DDoS and spam attacks, I think it is hard to expect moon mission from Ethereum.
Don’t get me wrong; this is a very important update for the whole ecosystem and one of the most anticipated hard forks on the way to transition to Ethereum 2.0.
However, it is hard to expect 100% moves up as we saw back in 2017 in anticipation of a hard fork.
#MyOpinion #NoFinancialAdvice
If this hard fork would give holders new coins, I would expect big move, but since it will be a software update that will improve network focusing mainly on preventing DDoS and spam attacks, I think it is hard to expect moon mission from Ethereum.
Don’t get me wrong; this is a very important update for the whole ecosystem and one of the most anticipated hard forks on the way to transition to Ethereum 2.0.
However, it is hard to expect 100% moves up as we saw back in 2017 in anticipation of a hard fork.
#MyOpinion #NoFinancialAdvice
Crypto Signals
Ethereum to $100? https://www.tradingview.com/x/IwGpIDqE As we can see, the long term trend line established at the beginning of this year was broken on all the important time frames (weekly and daily). We saw many tests of that area but every one of them…
Eth reached halfway down to $100!
https://www.tradingview.com/x/1mbSBKVT
Friendly advice, buy ETH only if it goes above $190.
Then it can skyrocket and reach 2019 highs.
Everything else is bearish, especially after this bearish weekly close below the area that had to hold.
If it retests this area from below and gets rejected, oh man, this really can go to $100 because it really looks bad.
#NoFinancialAdvice
https://www.tradingview.com/x/1mbSBKVT
Friendly advice, buy ETH only if it goes above $190.
Then it can skyrocket and reach 2019 highs.
Everything else is bearish, especially after this bearish weekly close below the area that had to hold.
If it retests this area from below and gets rejected, oh man, this really can go to $100 because it really looks bad.
#NoFinancialAdvice