eddicus_rex

Where to now for ETH?

Short
eddicus_rex Updated   
POLONIEX:ETHBTC   Ethereum / Bitcoin
4
Looks like it's coming down again and approaching the 200 MA. Area acted as firm support earlier in the month but a clean break (below the .015 area) could see this drop away. Next clear area of S/R is down at .007-.008. Orders set on Bitfinex at .019, .02, and .021. Currently .019 filled not sure if the others will. Initial target is .007 but will close if it seems that we'll get another bounce off of .015. Good luck all.
Comment:
New monthly pivot just painted at ~.0197. Might get a little bounce up to that here.
Comment:
Sells at .02 and .021 pulled. Stop currently set at BE; .019, also the 1 hr 50 MA.
Trade closed manually:
See comment below
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