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      "body": "You know that old saying...\"a picture is worth a thousand words\" well...\n\n\n![btc vs eth.png](https://steemitimages.com/DQmR1wQbSSD9jnrstuPdFwujJ24aEE3kWdNH7PhuPCxB47R/btc%20vs%20eth.png)\n\nFirst look at the 1 year trend line (thick green diagonal trend line). The lower one is for a future red candle stick wick to touch (the one I'm looking for ) and the top one is for the candle stick body to touch. In short: Ethereum needs to correct a little bit more before the whales take it to test the ceiling with authority. Of course we could have a break out (green dotted line) and then pull back to fair market value (Where the whales step in). \n\nHowever,  if you look at a BTC/USD chart, btc has actually broken out of its short term down trend (on low volume) already with a MACD buy signal in place. The price of bitcoin should trend higher for the time being because of this (could be a fake out). \n\nAs ETH pulls back to its 1 year trend line: Don't panic sell. This is extremely healthy for the long term.  Lastly, look at the volume on the chart. It has come to nothing, only small money players are punching and getting no where. Big volume is coming soon regardless and the market direction will be known. The vision of Ethereums price correction could all be up in smoke if the Whales decide to take the green dotted line to last months highs... or if the US stock market tanks (which should be soon). \n\nThe red box on the MACD = no long term buy signal yet. The short term moving average must cross the the long term moving average. But all tech indicators lag.  \n\nConclusion: Not exactly a thousand words, but a long term trend line is often over looked.  I learned from multiple professionals in the traditional markets and rule #1 for swimming pool fun = Look at the widest time frame first and work your way in to trade with market direction (trade with the whales). A 5 min day trader can not know where the price is going unless he/she looks at a 1 hr...1 year....5 year....10 year....20 year chart first.  I'm going to post a 20 year S&P500 chart next. To show everyone on here whats to come to the us markets in the following months.  \n\nLet me know  what direction you think Ethereum will take in july and let me know what chart you would like to see posted next.  \n\nDisclaimer: I'm not your financial adviser or trading adviser. Trade at your own risk.    Don't sell all your ether and buy shit coin. Eth at $260 is still cheap for the long term.",
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      "body": "Since EOS has pulled back to roughly the $3 range . Would now be a good time to buy into the ICO? $2.50 seems to be great support and this price may never be seen again. I highly doubt EOS will test $1 range.  How much is one EOS on the ICO in usd? thanks",
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      "body": "Is this still working?  How much does one EOS coin cost on the ICO?",
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      "author": "eightyeight-mph",
      "body": "I agree. EOS is an amazing opportunity!  If your looking for diversification, I'm giving free technical analysis/alerts on high prop trades. GNT should hit 88mph ...\nhttps://steemit.com/gnt/@eightyeight-mph/golem-gnt-all-clear-and-ready-for-lift-off",
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      "body": "You are correct.... Patience is a virtue.",
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      "author": "eightyeight-mph",
      "body": "![GNT JULY 5TH.png](https://steemitimages.com/DQmWQFSCJTM3dR48Km5yd37edqZKdVtYBPr171BVKp1dbRo/GNT%20JULY%205TH.png)\n\nGNT has one of the sexiest charts around. The 1 year trend line is text book.  With that said: trend reversals are always possible, so place your stop loss below to manage your risk.  There is a candle wick around may 17 that did penetrate a bit on the trend line drawn...so keep that in mind (the price could pull back a little more and still be fine). \n\nDisclaimer: I'm not your investment adviser. I don't take responsibility for your actions. Please trade at your own risk.\n\n \nTips or Donations are appreciated...respect and God Bless.   \n\nBTC address:  1FY1ex581yG5rwZjVb7KwxuNNksckj5g8i",
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      "author": "eightyeight-mph",
      "body": "Couldn't agree more. Yellen is a puppet and the more confident these \"puppets\" get on national television = the market crash is coming sooner than you think. However, if the puppet masters and plunge protection team (Fed Reserve) can keep this Market afloat for a few more months....here is some free technical analysis on ethereum to cash in on (Eth going to $125...get ready to back the truck up): https://steemit.com/ethereum/@eightyeight-mph/ethereum-price-correction-usd125-usd150",
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      "body": "Yellen is a puppet and the more confident these \"puppets\" get on national television = the market crash is coming sooner than you think.  However,  if the puppet masters and plunge protection team (Fed Reserve) can keep this Market afloat for a few more months....here is some free  technical analysis on ethereum to cash in on (Eth going to $125):  https://steemit.com/ethereum/@eightyeight-mph/ethereum-price-correction-usd125-usd150",
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      "body": "True. Another factor that Tech analysis can't take into account... is economical demand. But as long as the centralized financial market is kept on life support (federal reserve/plunge protection team)...The big money crypto players will carry out tech analysis and  market correction is business as usual.  Obviously if we get the 70% correction the stock market is over due for...then Crypto will explode to unbelievable highs overnight.",
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      "body": "it is so hard to say on BTC in my eyes.... like you said -  more and more people buy in long-term. I think there is a shortage coming way in front of next half reward (what is already in less than 3 years - lol).",
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      "author": "rhader",
      "body": "I agree. This can definetly happen and I think if current support levels are broken it will go down to the 100's. I think that's were ETH belongs to be honest",
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      "author": "eightyeight-mph",
      "body": "Bitcoin is the main beast. I'll try and get a chart up for that. It's running slower on the correction. I think I had around 1300 target for it (with an even stronger long term trend to touch) before rocketing off to test the 3000 high. I just want to give the average joe a heads up before entering a long term position for 20 years.",
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      "author": "eightyeight-mph",
      "body": "I took care of someone with Dementia for 5 years. From the first onset of symptoms... until death. Donald trump is a normal senior citizen with normal senior moments.  This kind of news is all about $$$$",
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      "author": "hastla",
      "body": "yeah agree totally - Bitcoin will be more interesting here in my opinion.... just need some buying signal from one country (can be even rich small one) and we have some buying frency again. You should not underestimate that daily people come in and take bitcoins out on offline wallets to put in safes.",
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      "author": "kumaran444",
      "body": "yes i think so",
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      "author": "eightyeight-mph",
      "body": "![july2.png](https://steemitimages.com/DQmcQ7ZZFkVKr8tSbTgpQmqtofyediUMKkp1tGYQxruREah/july2.png)\n\n\nEth will need to touch the 1yr trend line at some point (it's healthy for the long term).  I would back the truck up anywhere near $125 - $150 (blue box on chart). You will never see this price ever again. It will most likely happen at the end of July - early Aug. Look for massive volume when that day  comes.  Yes we could have a fake break out or a half ass run to test the high before we head back down. If this happens, it would only extend the time frame on the touch and increasing the target bounce price (175ish). Either way... \n\n\"When we hit 88mph....your going to see some serious shit\"",
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      "parent_author": "",
      "parent_permlink": "ethereum",
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      "title": "Ethereum price correction: $125-$150"
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      "author": "steemitboard",
      "body": "Congratulations @eightyeight-mph! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@eightyeight-mph) You published your First Post\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@eightyeight-mph) You got a First Vote\n\nClick on any badge to view your own Board of Honnor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\nBy upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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