remirp

remirp

According to IndLead.com, the cumulative of indicators for ETHUSD on the 5 min, 1 hour and 1 day charts point south. With the 1D ETH for: RVI at 32 RSI at 51 CCI at 120 Williams%R at -20 ADX at 20 ATR at 8 Over the last 12 month of ETH data, this seems to point south for the short-term. Bottom looks around 115-118 in this bull trend before a rebound.

remirp

Maintaining a neutral position on ETHUSD. Watching the Fisher Transform for the lower bound cross. If our ADX picks up from there, we'll see a potential bull run. RSI on the 15-min looks like we might see it begin upwards in its midrange decline and toggle. Or go down with the market of course. Longish on the short-term. Targeting $289-$290 Stop Loss: $280. If we...

remirp

Coincidences do happen. Correlations do happen.

remirp

While Bitcoin is toggling between BTCLongs and Shorts, ETH (at least on Bitfinex) is certainly in a "bearish" position. Let's not forget the lockstep that ETH/BTC/XRP have had in recent weeks. Not a lot of positive volume in the last few days. Suspecting things are going to go against what's expected here: Long ETHUSD for the next 3 days. Regarding price...

remirp

Ether has had quite the week. Yesterday, we saw less volatility than usual across cryptocurrency markets. Partially, most traders and recent ICOs who participated in the panic sell in the recent downturn (throughout July/August) is assumed liquidated, as we're back to last year's levels. Where we go from here over this weekend looks like a continuation of the...

remirp

Volume is down, and Asian markets are coming back from lunch. Usually, in about 5-6pm we'll see the biggest movements (and volume) as traders nudge in for moves. With the RSI showing we're slightly underbought in the 40 range and the Bitfinex Longs showing positive sentiment, we might be ready for some of the bots to throw in their buy signals in the next few...

remirp

Our ATR is showing us that people are waiting to jump in.... sitting out. Our directional indexes are showing upward pressure, while the Elder's Force is highly impartial. With the directional pressure and finding ourselves close to VWAP, it looks like we can get to a target of $278-279 in the next 1-3 hours.