katakito

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Markets Allocation
Top Mentioned Symbols
ETHEUR 80% | 4 BTCUSD 20% | 1
katakito katakito ETHEUR, 240, Short ,
549 9 7
ETHEUR, 240 Short
Bubble Popper?

As I predicted in my previous post, my gut feeling was that Ethereum is worth about €150, which we are at now give or take. But if you have a look at the 4 hour chart you see a clear trend line for this downward "bubble popping" trend. Yes, there is an upward trend from the over sold recent new low but I consider this a correction up to the trend line. If this ...

315 0 10
ETHEUR, 60
Bear vs Bull Death Battle

In my analysis from yesterday, named Potential for the Bull, I wrote about the new €240 support being tested and that €250 would be the major resistance to be tested before we know in what direction this, relative stagnant 12 hours, market will go. I mentioned that €245 could become the new support, which it has turned out to be. If you only look at the short ...

265 0 9
ETHEUR, 60
Potential for the Bull

Yesterday I wrote that there would be a new cemented support at €240, which is being tested right now. If it can hold a "double dip" after bouncing at €245, or maybe even make €245 the next support to be tested on the next dip, then we have €250 to be tested. Passed that I would take part profit at €260 and go short if we break down under €250 again. If support ...

katakito katakito ETHEUR, 60, Short ,
124 0 1
ETHEUR, 60 Short
Loss of momentum breaks upholding pattern

It seems that there just wasn't any real energy to the rally as we have lost an important support line.. Expect a bit of a downturn.

katakito katakito BTCUSD, 60, Long ,
341 0 10
BTCUSD, 60 Long
Back to Long after struggle to break out

So finally we had our bottom tested and cemented it seems. At least at a high probability. I timed a great spot for my long position at €225.51. As I'm writing my position is up 4.72%, and I feel very confident that we have cemented a solid support after couple of days of the Ol' Bear . My personal guess is that we keep going upwards until we meet some resistance ...

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