What we have here are 2 possible scenarios. BAT/Cypher The Cypher Pattern play's out @ 0.01 and the BAT pattern @ 0.06 For them to be valid we need: BAT: push to at least 0.0244 Cypher: push to at least: 0.0285 Remember: You could play the short off 244-245 to leg D (or 285 for cypher), but the trade only becomes active if we hit the 886 Target @ 0.06 or the 764...
We should go long ETH at market, using dollars or euros ideally, but diverting some BTC funds isn't a bad idea either. Keep stops below today's low. (or use this distance to measure risk and use no stops!) If we find price holds above the 7.6078 mark for a month, we could expect uptrend continuation and a move up towards the 9-10.25 range, before rallying...
Gonna take a gamble here and try and get this short filled
Short around 0.02215 Target 0.0211 Stop loss 0.0222 (Red arrow is also possible too) Be Safe
Previous price action has been lots of manipulation with low volume since we reach 0.023 Top could be much higher than anticipated. I would suggest going long around 0.0205 with stop loss 0.0203 Targeting 0.0216 primarily Im making a long from 0.0203 to 0.0216 primary after that we need to watch the signals. if price shows much force and power this could turn out...
I spent most afternoon looking at charts. Everything was bearish until the truth suddenly revealed itself.
Expect ETH to go long on next steps. It had a rough week and is recovering, also BTC is expected go a little down, what may be handy to ETH catapult past 0.0211 mark
Shorting all above 0.0203 to 0.0208 is great with stop loss on 0.0211 Target is 0.018 then 0.011 long term Be safe
I'm taking a small long around 0.0215-6 if it gets there and holds if it doesnt even break 0.022 short term then ill long around there Target would be 0.023 ideally Stop loss 0.0212 Like i said, Shorting eth is not safe until 8May or trend breaks...
The recent consolidation is coming to an end soon. I would say by the end of today we should get either a break up or down. For some reason my gut feeling is it will be down. Even though we have the DAO purchases in full swing at the moment.
Not much to say, it broke support line with a bearish catapult, this going down! And it did hit the 0.0206 too close my 0.0205 in last chart
Short all around 0.023. It will retrace to 0.0211 at least On the long term side i'm thinking about longing around 0.0202 if it gets there...
Just a quick scribble comparing the Etherium H4 chart to the BTCUSC daily chart. Looks to me like ETH is currently at the November 2014 phase of BTC. Does anyone else see this?
with Bitcoin rising and shining again ETH either hit the resistance band once more, could DAO help it? I expect it to land around 0.0205, and I just bought before drawing this chart FML.