Details at chart.
Still bullish divergence which should play a little bullish at chart, sooner or later.
Still we can have in memory big potential descending triangle (expanded) with unclear (yet) lower line.
Bearish target from symetrical triangle reached.
Big descending triangle - out of it?, or fakeout or enlargement lower line from 0.015 to lower line?
Pretty interesting chart to watch imo.
I will pump it at a more better value like it was before spam attack.
This hard fork is an update that etc too will use, it have been tested during days.
It will make the bungler the best ethereum customer !
I see ETH In much uncertainty and the cloud rejection has been consistent and strong
So the only way now is to test supports, breaking uptrend line will create the volume for the dumps.
Stop loss tight, just a little bit inside the cloud
Total loss of trust in the Ethereum project development team, they have over promised and undelivered with rushed code which is now proving the foundations that this blockchain is based are turning to dust.
Today we will short ETH from 1850-1950, depends where u got in -> hold the short or enter now at 1875.
1st tgt: 1610 ~ where the fake rally started from.
2nd tgt: 1410 ~ previous support.
TA in the chart.
Bull flag for exit-pump completed perfect.
Doji on 4h -> signals ...
Ethereum has a possibility, but we have to see how the market reacts tomorrow
Hard Fork expected, but bullish signals intact.
Huge Bull Div, and Cloud still holding.
If 0.0162 Holds target is 0.02
if it breaks, at least 0.0155
The 20th of July, the hardfork is going to be implemented in the Ethereum blockchain, releasing over $7 million worth of ether to investors. There is a possibility this will lead to a dump never seen before.
For more info and a comparison of the 5 mayor cryptocurrencies of this moment, please see https://steemit.com/crypto/@r4fken/market-research-comparing-bitcoin-ethereum-ripple-litecoin-and-steem
And go long. Very long. :)