Updating my previous ETHXBT chart, we seem to be retracing the recent decline. Now, this could be an uptrend continuation setup, or simply a detour before more downside. Ideally, you could have entered longs where I covered my shorts, (which I didn't get to do). Currently, the lower timeframes might allow an entry on the long side, if offered with a safe setup...
Adjusted chart, be on the right side when it happens! 0.0246 as stop is valuable.
The green trend lines maybe initiate anotherbig bull move, obviously we are in a big trend channel up (pink one), if we leave this pink trend channel it is fully decided for weeks if not months.
MACD is about to cross bullish, the next few hours/days arefight on top in my opinion.Stay aware of the golden line at 0.0295.
It looks to be agood long entry for a short time or can climb even higher when momentum goes in. tight stop loss under 0.0246 is recommended!
Just care about the mother of all indicators. Have a a real close look on the price change before the MACD is to close out bearish or bullish. MOON can happen soon.
As some of you said I was not clear, I think it is heading up from here. can totally dump to 0.015 but i wouldn't trade it right here. could go to 0.447 in a few hours, long term is BULLISH.
The pump went up a lot more than I thought but target was hit anyway. Bittfinex joining is getting the volume up, traind right here is hard but llok out for the red lines, these worked pretty fine in the last days:
Game: When the ETHEUR reach 100€? My bet => July 14th 2017 see you ;-)
Forecast for the next ETHEUR technical diagram