Is this an error of the graph or it'really happened? anyone with an explanation?
Again... doing this in a rush... I feel safer buying here than yesterday though. Similar, or pretty much the same targets from yesterday. Expecting some resistance at 230 again, probably take profit there. Stop if 180 fails as support. Should have posted this before going to sleep, but I was tired and woke up to do some other stuff.
Can you hear it...? Blue horizontals mark possible support levels for the coming 10 days.... Happy Dumping! (Full Disclosure: I DO NOT trade Bitcoin)
...but I am longing this here anyways. Something is brewing below surface. Entry: 1540-1580 Target: 1840-1880
Well, needless to saj. The DAO quite disrupted our pan there... Pah! I do not share the overly negative reactions to this pretty much "minor" (in crypto standards) incident which has been managed and handled very professional by the Ethereum developers. Nayways, ATH is obv canceled in the projected time period. Quite the contrary, values in the low 1400s seem to...
daily opened quite nasty and not at all bullish any longer. Longs closed and looking for reasonable shorting op somewhere between 2400 and 2500... Happy Tarding!
Just as the ETH, the BTC chart suggests an incoming decision point followed by a major breakout. In this case here it is between moon up to 547.00EUR or harsh decline at least down to 450.00EUR. Time will tell... Happy tarding!
So, the almost unimaginable did happen. The ETH bull died... R.I.P. No idea how we get there (the blue path is just a rough idea), but we must expect at least a double bottom in the low 1500s. Til then this is a short-the-bounce scheme. Depressed Tarding!
Looks like we have some a break out (although not 100% clear) on the 4h. Moreover, the last dip makes up for a possible bottom since it met a) the lower end of bull channel and b) the lower end of linReg(50,200). It is not a clear hit, what could mean it takes another shot at it, but the bottom might be in here already. Especially, in the light of Bert...
Sooo, weak... On top, we have another significant spike of "days destroyed" >>> blockchain.info While there is certainly a lot of room for speculations about the possible reasons, I do consider it as a huge bearish red flag in any case. To buy/long ETH and getting rid off Bert before he starts to properly dump is recommended. Target (BTC): 373.00EUR (ETH):...
Open short upon another full retard spike up to 2840-2870 area or breakdown of 2615 on the 4h. Target: 2320-2360 Happy Tarding!
Breakdown confirmed... Dump incoming.
Although probably one of the biggest (mid-/longtermish) permabulls, I cannot help but turn shortimish bear due to a possible DAO overhype... Target: Double Bottom in 1500s
Final Destination: Bottomless Pit Let´s be honest, the fundamentals are just too bad and rejection after just breaking up super weak. My bets are on Ether here...
The daily as well as the strong support in 2050-2100 area provide strong indication. Sidelining until a decision, which will most likely be depending on the question if bitcoin (chart in comments) can breakup.