zippy1day

zippy1day

With increased volatility on Bitcoin, will now see push to 0.05 target with selling pressure between 0.036 ~ 0.37 key resistance levels. Don't expect any significant pullback but if I do it means bitcoin does soften again I see a possible buying opportunity albeit the risk greater against less reward.

zippy1day

As the "Ascending Triangle" has distinct possibilities I have put my Fib levels and targets for the future. They are not necessarily correct but do tally in line with certain high and low historical parts on the chart. The latest $630 target worked out by a fellow charter which is consistent with the nature and size of this triangle shown by the blue line! Of...

zippy1day

Cleaned the chart up to show key levels of interest namely Fibs. Maybe some pullback on the way up to 0.05 but don't expect it to be severe as in Bull Trend!

zippy1day

For all the Bears that still believe we are going down. Probably will settle around the 0.032 region before continuing to 0.05.

zippy1day

Caught me out so went long again on breakout! Riding it out until top target 0.05 'ish.

zippy1day

Exited my long and now looking for retrace to go all-in long again. Again somewhat dependent on Bitcoin with the Bear Divergence as shown looks able to do this by itself? Still overall Bullish with existing Targets still in mind! DAO will still drive Ether as its appetite even more ferocious now the East is joining the party.

zippy1day

Too difficult to call the short term move as both Bull & Bear arguements in play! Bullish $465 ~ $475 to break on upside Bearish $445 ~ $435 to break on the downside.

zippy1day

Of course this is only assuming the market does not want to go up yet?

zippy1day

In cash now, undecided which way so best sit on the sidelines. Longed ETH/XBT to cope with bitcoin weakness!

zippy1day

Still to play out, so I have to admit I did not believe this until this morning so Ether has thrown us a curve ball! It does tie in with my bullish stance and still have target in the 0.05 region in coming weeks.

zippy1day

Think I drew this wrong......something not use to drawing ~ so hope accept my apology?

zippy1day

Found myself having to but into wall at 0.0222 to get some more on board the Ether Bullet Train. With bitcoin weakness still using as a good hedge against further bitcoin falls. Target in the 0.05 area which also looks like a good time maybe to but back into bitcoin? See if the pitchfork stands up to the test as it has a good base touching twice between 0.02081 &...

zippy1day

I think this 3 month fwd Chart for bitcoin shows perfectly the indecision among traders as to the future direction. The small triangle in yellow for recent times and the pink triangle for the overall picture. All we need to see now is which way they break albeit we are still in bullish mode.

zippy1day

Is the trend to break the Falling wedge now or keep falling to my level of interest? The Pivot seems to have been touched on the upside at 0.021199 but as always the Bitcoin moves will decide the short term movement. I personally think there is more down but I am looking to pick up cheaper coins as still bullish!

zippy1day

I have stopped predicting after today's debacle. These two targets are equally valid for the next eight days but knowing bitcoin it will probably surprise again. Still long as I remain bullish for the long-term...so will not post again until I see clear water, hopefully remains in channel for sometime? Longed ETH/XBT as a hedge against further bitcoin falls!

zippy1day

With the last few hours passing I am holding onto the potential of this being a Daily Bull Flag, otherwise the playing field has just changed short term. I still think the "Ascending Triangle" marked in blue has merit so watch for that if this flag fails?Target still $502 ~ $504 if we push on, otherwise the mid $420's being tested again?

zippy1day

If it breaks now above here I reckon $502 ~ $504 next stop?

zippy1day

This is how I see it maybe playing out on a different exchange but has the same Adam & Eve with a more pronounced waffle for the handle? Anybody disagree I am willing to other suggestions.