ETH: Fiat pairs are in an uptrend

We can obtain good information from plotting the product of ETHXBT             and BTCUSD             or BTCCNY             , specially since some of the ETH fiat pairs are not too liquid (worst offenders are the USD pairs).
The weekly has finally confirmed an uptrend continuation setup, so I expect the move up to be really intense.

Try to be in and don't miss out. You can buy half at market, and buy the rest of your position if we get a dip to support. Since we have hit the DAO hack resistance we could see a small dip before marching higher again. Stop losses should go under this week's low to be extra safe. You could opt for using last week's close as your stop too, which would be more aggressive. Any move under the triangle apex on chart would warrant 'buying the dip', keep an eye on it.

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Ivan Labrie

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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance             on such information.
Comment: Back at the weekly mode support. You can buy here with a small position, or hold if already long. But don't stay in if we move under July's low.
Comment: We're now ready to launch into an uptrend here.
We never confirmed above 15.25, so are you still expecting an intense move up by the end of the month?
IvanLabrie rivet.popper
Not sure now but we're at support.
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