mdyassink

ETHUSD Bullish 100MA 200MA Cross on Daily

Long
mdyassink Updated   
BITSTAMP:ETHUSD   Ethereum
ETHUSD 100MA has crossed the 200MA. Still in early stages and lots of time to get in longs. Wait for more confirmation as a cross on the daily chart historically signals a big long-term move.

The big CME gap bullish movement on BTCUSD should spark off a long-term uptrend for ETHUSD too.

Just an observation. Good luck!
Comment:
Very close to bottom and reversal point. Bulls? Have we felt the pain yet? I think we are almost there. Since the CME and price suppression came into being longs have had to feel pain to reap rewards. We are close to that point now. They have liquidated lots and lots of longs.
Comment:
Looks like the manipulators going all out with this scam wick to liquidate longs and put extreme fear in everyone. Means the next reversal and uptrend will probably bring us to a new high and it won't take too long cause the less longs and bulls there are the better for the manipulators. Just an opinion.

Comment:
Bitmex and/or exchanges with margin trading are dumping hard to liquidate long margins. Its the real way for them to earn, off liquidated and bankrupted accounts of their users who have been duped by their manipulation games. Or it could be more CME manipulative action to suppress price. These combined with the scam project dumps create these effects.

The next uptrend will come soon and it will be to new highs. Time to Dollar Cost Average with real coins. This is a bargain. Buy in batches on new lows. Don't buy all at one go. If they continue to play this game, you can take advantage by buying in smaller volumes at lower and lower prices. Advisable not to margin trade when the manipulators play their games.
Comment:
Margin traders beware. Exchanges like bitmex are going after your accounts and are hunting for liquidations. Manipulation at its finest. Lots of spoofing going on on bitmex on sell order book. Dollar Cost Average instead. Divide your capital onto portions and buy this on the way down 4250, 3250, 2250, 1250 and less. Not saying bitcoin will go that low but you never know so always keep your fiat aside and ready. No one can liquidate you that way. They are your coins to hold. Do not margin trade, the exchanges will continue playing this liquidation game and go after longs.


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