ivogruev
Long

The up trend is building his supports

KRAKEN:ETHXBT   ETHXBT
73 0 2
The most likely scenario is bullish for Ethercoin. The price action and the waves favor the support at 0.001860 as a very important one. As the price is above that level I will expect a test at 0.02950 and then at 00.3670. If those resistances hold we will have to axept a ranging scenario for several months. A break out above 0.03670 will signal resumption of a bull trend wih targets that are difficult to predict. The fifth waves are used to be smaller than third waves in stock market and forex, but cryptocurrencies show features similar to comodity markets and often we withness longer fifth waves. For the time being I preffer to buy at the recent levels and hold for a longer period of time (at least several months). Later if I see any signs of distibution I will reconsider my exposition.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out