Technical analysis Ethereum. ETH-USD on September 19, 2018

#ETH and #BTC

On the higher timeframes, we can see an interesting fractal resemblance in the price movement of these assets. It is possible for Ethereum to repeat the road of Bitcoin during the next years. Buy and hold strategy often bring the good result, but it needs the patience. Don’t try to always get the fast result out of the trade, don’t forget to open the high timeframes and consider the long-term investment possibilities. Our ETH long position for 2-3 months is still active.