EXCAVO

ETHUSD Movement in the side

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
New cryptocurrency market!
New set of positions on Ethereum
On the market survive not the strongest but those who are flexible and quickly adapt to the situation.

I recommend you not to look at the market as if it is 2016 - 2018, as it has changed , and now there is the process of muscle building to the skeleton that was formed 10 years .
Now on the market are guys from Wall-Street, who have extensive experience in algorithmic trading.

What do they have ?
-Trained neural network of algorithms from the world stock market;
-The best sluice, channels and data centers;
-Hundreds of millions of dollars in order to move the market in any direction and make you think as they need !

They came here to blue sky, open field of hamsters (fish ).
Because the market is so jerky, going up and then down. Their first test model was Bitcoin , without reasons and warnings, it has grown so quickly , and on this growth it Cuts all people and will cut even more.

As for the altcoins , I am sure that the majority opinion is unambiguous ,HATEFUL OPINION .More Negative than positive .
If you think that no one is manipulating you , then you are in the hands of professionals.
I believe a good buy point is somewhere between 190-200.
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First, they scare you to sell. Like when the floor broke on BTC. After that, they pump the price. I expect something similar could happen to ETH.
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I've had this kind of prediction in mind for some time as well (it needs to consolidate first). I think this one is still really relevant
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@EXCAVO Thanks for the analysis. Is this idea still relevant? Are you waiting for ETH below $200?
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PhuocHong redpug3
@redpug3, I am wondering the same thing
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Break of the blue line has us thinking we will continue downward.
We're up 27.60% on this short and would love to see a push down to your black support line. Also watching for fast rejection and the bulls to take over so we're scaling out here and there.
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