Today I want to write something about Ethereum, one of my most favorite altcoins in the market.
From my point of view, we are approaching the all-time support line at $275 area per Ethereum. Some news said that the ICO owners were selling the ETH hard to get back the capital. From this point, I would initiate the trade only when ETH reaches down to $270-$280 area with stop-loss at $260. After that, I can begin taking profit from $350 or more.
Let's consider to set a small portion of capital first. For those who are holding, do not lose faith. I can expect something big is coming.