To monitor the bounce on the resistance breakout approx 0.00274 We are probably at the end of the long parabolic consolidation. If you are patient you can hope 400% (the full retracement), in about 3 months. The advantage is that it has not been in since the resumption of the season of altcoins
With world wide adoption set to occur over the next decade, many have reason to believe that cryptocurrencies are no where near being close to a bubble. Technical Analysis can be very hard to predict. With the speed of recognition and adoption exponentially growing everyday, it is hard to say that Ethereum will ever go back down to test the 200 or 90 dollar...
Description: All my friends are investing in Monero. It has anon. Timeframe: This week. I promise. Indicators used: Dont worry it has anon. The pump is certain. Shout out to: I dont know. Everybody is anon. Note: Use Bitmex. Low liquidity can be a blessing.
Well, i think this is clearly a bubble pattern and now we're leaving the "Return to normal" phase and we will begin with "Fear".
I'm fairly new at technical analysis but I think XRP is on it's way up to at least $0.30 shortly. It has been traveling along nicely like I hoped (besides today's ETH crash over the Vitalik Buterin fake news). It seems to be back on its way up like it's 'supposed' to be. Hoping to see some $0.30's soon. I entered at 0.29 a few days ago and held through the storm...
I believe Ethereum can soar a bit more, but it is about to touch the top of the channel, so I believe this bubble will pop soon. Maybe it will reach 0.22 btc, but It is obvious for me that it needs a correction. Another sign of the "Ethereum bubble" is that every Ethereum Maximalist (I love calling them this) really believe ETH is going to replace BTC, the same...
I believe it won't go over 0.25 (right now)... it will drop and will be like an MtGox x30000 event
Against the dollar, the positive risk of sudden rise is very real I guess. m30 chart, bullish AF.
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...
After yesterday's strong buyer's momentum that broke 0.03 on Kraken but was denied by Polo sellers, we are gonna have another try at 0.03. The reasons are written in chart: Quick denial of dump, downtrend didn't even form. Inverse H&S RSI holding support, quickly rising with higher lows and higher highs
ETH is looking heavily bullish to me from TA point of view. Find comments in chart. Combined with Vitalik's speech at Coinbase twitter.com I believe this is a no brainer. Stop loss 0.0285 Target 0.05xx
A damning report about the state of Ethereums finances is circulating today after Ethers creator Vitalik Buterin revealed new information about the state of finances at the open source project. The Coindesk report can be found at www.coindesk.com The original blog post blog.ethereum.org Important points to note: 1. The projects current funding is down...