parkerhoyes
Long

ETH/BTC Reached Strong Mid-Term Support

POLONIEX:ETHBTC   Ethereum / Bitcoin
ETH/BTC             has reached a strong mid-term support level ; near 10-week low. Wait a couple more days to be sure it has reached bottom then go long. 20 mBTC is a good price target. If it falls below the support line, abandon the position.
Comment: Obviously ETH blew right through the 18 mBTC support. Right now watching for a bounce on around the 16 mBTC level
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Trade closed: stop reached: Looks like the recent strong Bitcoin prices are bad news for every cryptocurrency right now.
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