This is not based on any technical indicators. Just a gut feeling I have and the fact that BB bands are very thight and a move is coming one way or another.
There was an attack on DAO last Friday. After reading -- blog.slock.it -- news.bitcoin.com I liked especially: In the last 36 hours we have witnessed an attack on The DAO. An attacker utilized the “Recursive Call Exploit” in the `splitDAO()` function to withdraw 3.5M ETH while burning only a small amount of DAO tokens. Luckily, the funds are not under...
We had massive moves in DAO and ETH pairs today, due to the news regarding a problem with the code in the DAO. Apparently, the uptrend is still in place, but there is a lot of fear in the air right now. This is the right enviroment to buy dips, and as you can see the support is holding for now (see green triangle and the dashed lines). Technically speaking, I...
This is a real possibility of where ETH can end up in the next few weeks
Fundamentally, it appears that somebody wrote a smart contract. /* Developers, cryptographers and computer scientists should note that any high-level tools (including IDEs, formal verification, debuggers, symbolic execution) that make it easy to write safe smart contracts on Ethereum are prime candidates for DevGrants, Blockchain Labs grants and String’s...
ETH has plenty of upside left, we arrived at a very significant support level here in the ETHBTC pair, we can try a long entry (I'm already in it). Downside risk is 26%, but potential upside is up to 159.67% so the trade off is worth it. This is a riskier trade since we're entering at support, ahead of confirmation, but the USD or EUR pairs are currently in an...
Bitcoin up 11.15% $DAO down 5.16% Indicating strength in $DAO. This can be used to hedge your Bitcoin long position. $DAO has a reverse relation with $BTC. If Bitcoin goes down a bit, $DAO will go up more aggressively. ---------------------------------------------------------------- At this moment $DAO has not been on the market. But it seems like it does...
A Ethereum base market and two new trading pairs were released by Poloniex yesterday - POLONIEX:DAOETH & POLONIEX:LSKETH . This offers an interesting opportunity for Ethereum holders who want to invest in LSK but do not wish to pay for the double conversion fee of exchanging ETH into BTC, and paying another fee to buy LSK. A smart move by the exchange...
I am adding to short near 13. Stop loss above 14. Take profit between 9-11.
Im just guessing this could be happening after the DAO Hype is Over. Not pretty confident but seems that all this bull market on ETH was generated by the DAO Hype.
We are seeing a nice formation of H&S. Before the end of "cheap DAO" phase we might see sub 0.019 levels again. 12 h 30 m until end of the phase.
The DAO threw a monkey wrench into my predictions. (Actually, I haven't kept up with the latest cryptocurrency news and was completely ignorant of the existence of the DAO in my previous charts.) It would appear that the demand for DAO has been enough to delay lower ETH prices. Glad I didn't short ETH... Here is a link to a graph of DAO token creation: ...