ivogruev

Ethercoin is close to a top

KRAKEN:ETHXBT   ETH / XBT
147 0 2
After the strong rally ethercoin is ready to take a rest. The price has some potential to achieve one more rise to 0.017-0.018 before starting a longer correction for several months. I consider such move as wave 5 (green) of 5 (pink) of 3 (blue). My plan for the next two or three days is to sell 1/2 or 2/3 of my investment in ether depending on the pattern. Some of my ethercoins I will exchange for BTC             and some of them for U$D. I can not exclude further acceleration of the up trend and for this reason I will keep some ethers in my portfolio.
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