This is my first post on Ether, you'll be shocked at how accurate it has been.
It's simple, when the weekly ashi closes green... BTFD! We are at WEEKLY sold RSI conditions. That is an extremely rare and excellent entry point for Ether.
If the weekly closes green and you buy in as per my advice and become a super millionaire (yes, super) then I am expecting a thank you. :)
That's it! Make sure to read the post I linked, it will be interesting for you.
If I have been helpful, please like my work and follow me, it helps us both.
-YoungShkreli
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Guys, check out my twitter to follow me on a trading competition. I don't know if I can talk about that here due to house rules, but it's a bit of fun and you all would enjoy it!
Ethereum is definitely oversold, but beware! I did an extra special today: Will Ethereum go to 100 Dollars? => I analyze, if we're right now still in a core bullish trend, or if this bearish correciton is already a core trend itself.
nickhalden1
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Really nice idea and comment, bro! I also really liked Dude's idea on Bitcoin today. You should check it out and see what you think!
biffbifford
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I would definitely wait until this begins to stabilize. The volatility is INSANE and screams, UNCERTAINTY. Notice the long tails on the red bars are the shorts try to probe ever lower... they seem to be scaring away the stubborn. $200 is definitely critical mass. We could make a small move higher making a higher low and fall again. The low of $136.10 was hit and rejected on July 10, 2017, and closed out at $191. Shorts know how much then$200 level is playing in the minds of the longs and will probe lower until someone gives! I have to continue to give the benefit to the shorts. It takes 3 points on a graph to confirm a trend. The trading history for ETH is sparse so new territory is being charted and new sentiment being established. I would wait until a move north and confirm a trend before trying to catch a falling knife.
BTW - Your chart is simple and concise. I would recommend, as I often do, you ad a volume profile chart for more detail in why certain levels will substantiate support or resistance levels and your eyes will open to new trading ideas. Good luck and GREAT CHART. Keep it simple, clear and interesting. I have seen some busy charts and sophisticated analysis that makes no sense to an old professional trader of 25+ years.
Bitcoin-Proselyte
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do u think eth has found its bottom? or u think it will go down further more? we should wait for green bars to step in right?
CantorTechnologies
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@last.samurai, I'm not sure if it has found a bottom. I am just advising how you will know when to buy.
Scotty_Crypn
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@youngshkreli, I’m kinda lazy can you just message me when these green bars appear? Thanks
CantorTechnologies
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@Scotty_Crypn, HAHAHAHA. We will see, I might forget. If I do remember, I will certainly. I don't know when that will be.
Alqasim
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i'm on the same page.
MagicCrow
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hey buddy i can't see in the site could you please answer may question.
i'm wondering if the funding BTC value is belong to us anyway after the competition thank you