BigKevDawg230p

BigKevDawg230p

I am long on ETHBTC for the next few weeks, however I believe we will continue to correct after yesterday's hasty jump. Just broke key fib support levels for today, and the 15 SMA just crossed below the 35 SMA. I expect a quick correction down to ~.084 before we start trying to break .090 again. BTC price has been steady and even showing a bit of upward momentum...

BigKevDawg230p

ETHBTC is looking bullish on the 1 hour chart. BTC has bounced off 3300 a few times now and it looks due for a correction, while ETH continues to look bullish. Good time to go long for a quick profit then we might see a quick correction down around around .78

BigKevDawg230p

Overall ETHUSD is looking very bullish and has broken out of its downward trend. After testing 230 a few times it looks likely to head back to 219, where I expect a quick bounce back to 235-250.

BigKevDawg230p

General uncertainty and hesitation around the BTC fork has kept ETH relatively stagnant over the past week. In the short term I expect us to bounce off 217 and then move back up to 226 overnight. Hesitation and uncertainty tomorrow morning means very low volume , which will slowly drive us back down to 205-210. Once BTC seems to stabilize, we will see huge amounts...

BigKevDawg230p Updated 

ETHBTC has failed to break out of the downward trend after 3 attempts. Likely set up to re-test the .066 support level . I do sense a rumbling of BTC uncertainty that could drive BTC into ETH, which makes me tempted to take profits at .067 - .069

BigKevDawg230p

We have seen very solid support at the ~$200 level and bullish consolidation over the past two days (ok, maybe a few exceptions today). I foresee a breakout towards the 235-240 mark in the next two or three days.