No sustained buying. What a nicelittle squeeze!
They popped this pimple and made me some dough. I'll take it. I am no longer dollar-cost-averaging in unless the same setup (high short interest and under $200) happens again. What a great Monday. I will take the week off from ETH.
We broke the 50dMA but petered-out around $240. I do not believe the longs are prepared to take this higher than $240 anytime soon ad it feels like $200 - $210 feel comfortable for ETH. Notice the huge wick forming above today's green candle, indicating the buying cannot be sustained as of this post.
Good Luck, even to the haters. You know you are making an impact when you become criticized -- I wear it as a badge of honor and my account enjoy's it as well!!!
We broke the 50dMA but petered-out around $240. I do not believe the longs are prepared to take this higher than $240 anytime soon ad it feels like $200 - $210 feel comfortable for ETH. Notice the huge wick forming above today's green candle, indicating the buying cannot be sustained as of this post.
Good Luck, even to the haters. You know you are making an impact when you become criticized -- I wear it as a badge of honor and my account enjoy's it as well!!!
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