IvanLabrie
Long

ETHEUR: Potential uptrend continuation soon

KRAKEN:ETHEUR   ETHEUR
The ETHBTC chart implies we need to wait until July 27-29th at least, but the fiat chart shows time can be a bit shorter for the start of the rally. There's still a chance to go lower during this time, so, I won't take action until it is clear we hold here for longer. I like how sentiment is quite negative on $ETH lately, and how people are scared about risks in $BTC as well. We can get a good uptrend continuation signal in the weekly timeframe soon, to rejoin the monthly rally, which is active until we hit that red vertical line on chart. Then we could see a larger correction back down, in a crash of epic proportions, or, simply, a slow and lengthy grind, to extend until 10 months later than that.
In the short term, my reccomendation is to stay on the sidelines, but prepare to add cash injections to your crypto accounts once more, to buy into the $BTC and $ETH comeback close to the end of the month.
I will get instant flak, for this chart, I'm pretty sure people will find the targets insane, but it is what the chart shows as possible/logical. Fundamentals seem alright to me, but once approaching this zone, I would be scared of a bullish sentiment extreme and a rapid 'bubble burst'.

Cheers,

Ivan Labrie.
Trade active:
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Bottom's in.
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Now there's enough time to rally, and we broke the inside trendline here...I'm long.
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Look at the yellow vertical line, timed the end of the correction correctly...again.

Weekly trend can turn up soon, for now, daily is up, monthly is up, weekly about to budge.
Comment: If you read the updates you can see we nailed this so far.
Now looking to add more on dips, etc.
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I'm waiting to rebuy $ETH, I rode the rally in $ETHEUR from close to the bottom, except for a few points. I did lose some on $ETHXBT but I think it can end up turning up in a few days. Watching it to reenter.
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I'm long from the 252 zone.
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Holding ETH, bought with $BTC from 0.06887, added at 0.07723.
Comment: Good summary of the situation in China: https://www.youtube.com/watch?v=MD3P935-J_A&feature=youtu.be

Prices have fallen after the last daily uptrend signal time ran out, this is normal behavior. If we hold over 220 eur we are overall safe, we need to see liquidity show up and buyers scoop up the supply. For now, we can be under pressure for a while, but not too risky yet.
too bad entry point.
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@Pandiacik, you're joking right? Read the updates...
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This is f'ing excellent. You've been so on target lately
+1 Reply
IvanLabrie PRO sovereignao
@sovereignao, thanks. Glad time be of help. Hit me up if you want a free trial for the signals service.
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franco.cejudo IvanLabrie
@IvanLabrie, Hola Ivan vengo siguiendote hace un tiempo.. Entre en OMG y saque un lindo profit con tu ayuda. Como es para añadirme el servicio de señales? Muchas gracias.
+1 Reply
IvanLabrie PRO franco.cejudo
@franco.cejudo, genial! Gracias.
Enviame un pm y te paso la data. Saludos
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Ivan how do you think the hard fork set for sept will affect the price. Thank you. Will we see similar things to ETH as BTC (before the whole issue with segwit, not bitcoin cash) was about the fork
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IvanLabrie PRO neverfollowr
@neverfollowr, hi, significantly bullish event. Trend is up as you can see.

Metropolis change of inflation is not too drastic due to faster block times, but it is something. Addition of ZK Snarks is a big deal, might make other anon coins irrelevant.
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neverfollowr IvanLabrie
@IvanLabrie, True. Actually, I forgot to mention the nov BTC 2x fork. Before aug 1st, ETH got slammed ... basically, everything did because of segwit. In your opinion would that happen again.
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IvanLabrie PRO neverfollowr
@neverfollowr, I think most coins will rally sharply after today. But, the skill is in picking the ones that rally the most.
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