Looks like we have some a break out (although not 100% clear) on the 4h. Moreover, the last dip makes up for a possible bottom since it met a) the lower end of bull channel and b) the lower end of linReg(50,200). It is not a clear hit, what could mean it takes another shot at it, but the bottom might be in here already. Especially, in the light of Bert...
Since the price was not able to breakup above 3300, a new downtrend, which proposes to buy back somewhere between 2678 and 2768, is in play on the 4h. Therefore, shorting it here or (even better) upon another failed breakup seems the most reasonable option for now. Back to bullmode only if 3300 gives in...
Sooo, weak... On top, we have another significant spike of "days destroyed" >>> blockchain.info While there is certainly a lot of room for speculations about the possible reasons, I do consider it as a huge bearish red flag in any case. To buy/long ETH and getting rid off Bert before he starts to properly dump is recommended. Target (BTC): 373.00EUR (ETH):...
Open short upon another full retard spike up to 2840-2870 area or breakdown of 2615 on the 4h. Target: 2320-2360 Happy Tarding!
Breakdown confirmed... Dump incoming.
Although probably one of the biggest (mid-/longtermish) permabulls, I cannot help but turn shortimish bear due to a possible DAO overhype... Target: Double Bottom in 1500s
Drawn high form high to to high on the weekly... 2100 is the crucial resistance here (red circle)...
There is simply no sense in charting /trading a market that completely decoupled from reality...
Final Destination: Bottomless Pit Let´s be honest, the fundamentals are just too bad and rejection after just breaking up super weak. My bets are on Ether here...
The daily as well as the strong support in 2050-2100 area provide strong indication. Sidelining until a decision, which will most likely be depending on the question if bitcoin (chart in comments) can breakup.
Very bullish new candles promising the bulltrend to continue. Target: 2500-2600
LOL. Almost threw up when I just woke up to this shit. Must be a joke or something. How does that not look like blatant manipulation? What sort of move is that suppose to be? Bahahahaha- Well, let´s see what happens... Channellus Bullus is def broken on that 2h. Can´t believe this bearcrap.
Breakup of circle pointed at (blue arrow) mandatory >>> Entry ABOVE 0.01930 >>> Target: 0.02369
This time is different....