We can obtain good information from plotting the product of ETHXBT and BTCUSD or BTCCNY, specially since some of the ETH fiat pairs are not too liquid (worst offenders are the USD pairs). The weekly has finally confirmed an uptrend continuation setup, so I expect the move up to be really intense. Try to be in and don't miss out. You can buy half at market, and...
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 Be safe
ETHUSD has a very nice chart setup, showing proof that bulls stepped in right around the Key level associated with the DAO crowdsale announcement, where major players and new money came into ETH pairs, making ETHUSD and ETHXBT rally as a result of the increase in speculative interest in it, and its love-child, the DAO (descentralized autonomous organization). The...
Hard fork was introduced and one can see, the market liked it. So it seems that it is now a good time to place the position in the market.
The hard fork was a success. i've been hearing a lot of people saying that if the hard fork succeeded then that was gonna be ultra bullish and all of that. Well guess what, the chart says we go down now. Huge bear Div, plus around 200Million dollars worth of ETH just got back in the market and that creates pressure on the selling. Also there is an Harmonic Three...
Hi all! Today we will short ETH from 1850-1950, depends where u got in -> hold the short or enter now at 1875. Entry: 1850-1950 1st tgt: 1610 ~ where the fake rally started from. 2nd tgt: 1410 ~ previous support. Stop-loss: 2000 TA in the chart. Bull flag for exit-pump completed perfect. Doji on 4h -> signals potential reversal. Confirmation...
I'm currently long ETH vs fiat, and short BTC, so effectively long ETHBTC / ETHXBT. The chart is quite bullish here, with a strong weekly uptrend, but a downtrend in the daily, which recently bottomed when hitting weekly mode support. I like how the last 4 days acted, and how we're holding above the DAO crowdsale key level, so I added a bit against this zone...
These instruments seem to be synchronized, and soon to end a retracement rally. In the case of ETH, which has been underperforming everything due to fundamentals (problems in the code of a sub-proyect), there's potential for a big correction, but only if we cross the key levels on chart in time. If the targets aren't met on time, a contrary move might start, so...
ETH going down, with a possible bounce upto 10. Fatality!
As I had explained in my previous post, it was likely to see an 'emotional high' in these instruments, followed by a sharp decline. After this break down, all these instruments are at a major support level once again, and in sync too. Notes: I'd get out of shorts here and maybe flip long in a few days. Gold: It might have some more room to fall, but if it...
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...
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...
The price may reach 20-21 EUR in a short period. Trade Idea: Buy at market SL: 12.00 TP: 20-21
Trade is simple, showing signs of bullishness plus Holding the line! First Target around 0.0259 Be safe
At least we took some time with this retrace but we still going up. don't get fooled of shorts, ETH will surely explode to new levels very soon.