BloomFisher
Long

ETHEREUM | Whales are Ready (See the Magic) - BUY & HODL [LEVEL]

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Hey Traders,
London just opened and we got to know about ether,
here we're looking at ETHUSD             which made a recent low of 2018
and it's quit hard to tell weather it's ready to bullish but after determining certain factors
we can make an estimate that Ethereum             is now ready even for a small swing!
so, Technicals are in favor we have
1. Dynamic Support (L1&L2) Confirmed,
2. Volatility Index is crossing M5 Bands
3. CMO             is Oversold
4. Price Action - (Looks like it's ready for a reversal)
5. Support Trendline (exponential)

So, we'll Hold our positions now or you can wait for Daily candle to close above (In order to get confirmation)
have any doubts? than, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Join our Telegram (link in BIO)
Source - General public Information!
Trade active: After a consolidation phase(moving sideways)
It perfectly bounced off completing 1/3rd of our Target ratios
Now, at this point it's necessary to book some profits.
next resistance phase at $600 (W200MA)
(will update you once we exit or take half profits)
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for B2B - complex@bloomfisher.com
Logically, yes
But Bitcoinally, maybe not
+2 Reply
EspressoDopio Giorgioversace
@Giorgioversace,
Wonder when the whales will claim that the adverbial use of BTC pushes its value.
Reply
Dunno if it's going that high, but definitely bounce time -
Reply
I hope we see an actual bounce, but it doesn't look very promising.

It is hard to overlook these fundamentals especially in regard to ETH:

1) SEC is most likely going to regulate ETH, which contradicts the whole decentralization effort(s)
2) Too much "dumb money" got involved and got burnt or pushed out (not buying on credit anymore etc.)
3) Blockchain doesn't need us to continue drawing lines on charts to progress

https://trends.google.com/trends/explore?q=bitcoin
https://trends.google.com/trends/explore?q=ethereum

Gluck everyone!
+3 Reply
This market is done...it will not recover any time soon.
Reply
Public is now more aware of the manipulation, this is going down further and will be hard to recover.
+4 Reply
johnnydough elitebagholder
@elitebagholder,https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a
Reply
Benko3 elitebagholder
@elitebagholder, If anything they'll stop it here for a while. The only way they make cash is bringing it down and then pumping it up. Can't do one without the other
Reply
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