ETHXBT: Update

Ethereum             seems to have picked up on activity after being really illiquid for the past week.
We have a clear mode at 0.0051, and an interesting volume and range expansion out of it.
If we start seeing new highs every 5 days at the very least, we can say that the uptrend has resumed and we can expect to hit prices over 0.0081 again.
I'm rebalancing my portfolio, keeping a 70/30% weigh, so every 5%+ price swing is either a buy or sell to maintain the BTC             value of my ETH intact. If you're trading with margin, let me say that you're playing with fire. ATR is simply too wide.
If investing without leverage, you can buy dips to today's 50% range from open to high after the close. As long as we start seeing new highs every 5 days we'll be safe.
Good luck!
lol eth holderz getting rekt, accept defeat, 300 wont last forever
+2 Reply
IvanLabrie PRO tester2014
There's no defeat nor pride in trading.
Those are not things you should even consider...Also, rekt? This is a serious thread, not twitter/bitcointalk scammer manipulator chatter.
blackswan PRO tester2014
300 was broken, once shorts are done this will go to test 0.0019x levels...
A new low would be intense.
If we retest low volume support it would be an instant buy.
Would rebound very rapidly and then head back to the next level at 0.00285
ryopphdi PRO IvanLabrie
hi Ivan,

What are your current thoughts? I remember you were strongly bullish a while ago. Yesterday price tested all time lows with big volume. Wondering if this level is going to hold or if we are heading even lower.
Ethereum’s value proposition was something general (enabling a high rate of project-creation). However, Ethereum’s use cases are few (if not nonexistent), making the “generality” objective inappropriate." Paul Sztorc
If they don't find good uses for it, yes, simply being novel won't cut it.
I think the potential is huge, I wouldn't overlook that. Once some of these projects are done, people might start noticing it more.
Patience will be key, if not treating this as an investment type trade, then, there is no way to trade it, simply because of low liquidity.
oldstout MarketQ
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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