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rexlomax
May 1, 2016 1:42 AM

My ETH outlook Long

Ethereum / BitcoinPoloniex

Description

Retrace to 0.0185 then pump to 0.022
So short everything above 0.02 close below 0.0190
Then buy if we don't go inside cloud or break 0.0185

Trade closed: target reached

Time to short all around 0.023
Comments
captrade
yeah opened short at 0.0233 with target of 0.021
rexlomax
i'm thinking the same here
captrade
There is some doubt though. Don't want to be left behind if it goes parabolic.

I feel with all these blockchain conference 2-4 in nyc and then auckland, ireland, britain conferences through may that will just be on ethereum, we will see and swarm of small investors and bigger venture capitals.
rexlomax
i have some confidence we'll go to at least 0.0213 even if it goes parabolic
captrade
I think there might even be a chance of btc and eth rising at the same time.

I show of unity of the cryptocurrencies for all the big players at the blockchain conferences. Might just be wishful thinking.
Brilion
I am definetly shure that ETH and BTC will rise both. ETH is rising in big girl, but in ALT world. Thing with DAO, Synereo, Slack, etc... are same as ETH is to BTC. So welcome ETH on the road to competitive with BTC.
Brilion
Also think thak ETH will short to 0.02175
Wingman
good analysis! agreed!
Brilion
It can go to 0.0175 also and then go up. But if we use that a most of ETH was buy are in DAO tokens crowdsale 0.0185 is just ok before they try to hit 0.023
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