Seriously, we're getting on crazy ratio right now. From what i see, the elliott wave ABC correction is fitting very well, and we're starting getting divergence on many timeframes AND many altcoins.
This may be the dip in my opinion it is, but dont get me wrong, i dont have a crystall ball and this is a very risky trade right now. If you wanna buy and hold, you can buy some now and later if it goes higher ( your risk will be way much lower ) or if it goes down deeper ( your price entry then will be way much lower )
We've seen a huge sell volume with a vertical downtrend theses last days, and shorting on eth have increased a lot. There is actually a lot of points for a shift of the actual trend.
This may be the dip in my opinion it is, but dont get me wrong, i dont have a crystall ball and this is a very risky trade right now. If you wanna buy and hold, you can buy some now and later if it goes higher ( your risk will be way much lower ) or if it goes down deeper ( your price entry then will be way much lower )
We've seen a huge sell volume with a vertical downtrend theses last days, and shorting on eth have increased a lot. There is actually a lot of points for a shift of the actual trend.