I don't think the price surge here really surprises anyone with the anticipated launch on Bitstamp 6/19. One thing that I do believe is clear, the days of sub $30 levels are over as we're now likely looking at the $35 level as support and resistance around $50, tbd if we blow through that however interesting to point out a trend I’m seeing consistently both in $ETHUSD and $LTCUSD of fibo retracement around the 50% levels. That is where I’ll eventually be looking to add to my positioning. For the time being I’m just going to sit back and enjoy!
Trade active:
As mentioned on 6/17 the retracement to .50 fib level is nothing but opportunity to acquire.