About me10 years of experience in banks, brokers, remittance and forensic accounting.
Bitcoiner since 2013.
Litecoiner since epoch.
Ethereum Proselytizer since 2016.
PM and 401k chicken little.
So the market corrected... Now what?
Fundamentals: sounder than ever.
Technicals: best time to buy is below 1000.
Intuition: ETH will be #1 in a few months. Lightning is garbage, and everyone knows it.
There's no disclaimer here. Buy it and hold it.
You’ll see the green price channel, coupled with steady growth in the daily volume on GDAX. The bottom of the green channel climbs by $1.06 every day, with a daily average increase in volume of 878 ETH. Save for the flash crash on July 21, the USD cost of ETH never dips below the boundary of this channel. The price rocketed upward when the Bollinger Bands...
My target's a smidge over $400 if volume continues to pick up.
ETHBTC seems to have bottomed out around 0.084 and looks ripe for a run, so I'd say going long on either ETHUSD or ETHBTC is a high percentage position.
RSI finds itself at another point where swapping from BTC is the smart play.
This next pump could be the flippening. For real. The point where ETH's USD market cap grows beyond BTC's.
Now's the time to flip.
ETHUSD hasn't been this oversold in over a year. If you're not buying dips right now, you're still buying at sale price.
MACD is as low as it's been all year. RSI is in the same situation.
Metropolis on the way. Sharding GitHub WIP just opened up. Raiden is 75%.
As scammy ICO's dump, they distribute dumg-big money to the masses. There is no ICO bubble if...
Stairway to Heaven (August)
On this chart, I decided to set the left limit at the beginning of the year, and drag the right limit to about 60 days out, with a little headroom (I think it's still VERY MUCH a bull market, due to x-market factors and Ethereum's fundamentals) and a log scale.
The obvious upward channel was marked with a pitchfork that has std(X)...
As much as it pains me to say it, the fakeout theory has all but lost its luster to me.
Volume on this right shoulder is sickly due to the weekend, and I think the next big move will be downward to retest $148. There's no new USD coming into the market until Tuesday.
Watch Flipper in action!
ETHBTC has broken out, and is finishing the last breath of an inverse head and shoulders pattern. Tomorrow is Consensus 2017, where it is rumored that the Enterprise Ethereum Alliance will announce new members which were previously described as a "who's who of planet earth".
The (adjusted) Köppelmann Constant 0.06822 is the...
Thanks to a bump in the ratio, ETHUSD looks like it's going to rattle around between the 78.6% and 61.8% for a little while.
Ethereum has some big news events coming soon, with the Mumbai Hackfest taking place for the next couple of days.
Additional days to watch:
Storj tokens on sale .
(This is also...
Based upon how ETH has been received in the cryptosphere, as well as in the corporate world, I'd say that "the ratio" is severely oversold.
You look at any news station and see that BTC is taking a PR beating of epic proportions.
ETHBTC up. Maybe to new record highs.
Almost in spite of the BTCUSD price, ETHUSD has held steady against a healthy ration of bad publicity for BTC. A bullish pennant continues to form as the story develops.
There is expected news of new members joining the EEA toward the end of the month. Perhaps Consensus-NY on May 22, 2017.
Raiden's MVP is currently at 85% complete.
Casper is on the...