We should go long ETH at market, using dollars or euros ideally, but diverting some BTC funds isn't a bad idea either.
Keep stops below today's low. (or use this distance to measure risk and use no stops!)
If we find price holds above the 7.6078 mark for a month, we could expect uptrend continuation and a move up towards the 9-10.25 range, before rallying strongly again.
Fundamentals suggest it's likely to see some accumulation coming into play, due to the start of the slock.it presale today.
Thanks to @Goodbetterben for reminding me: daohub.org/
This process WILL take time, so, be patient, but this is currently the lowest risk long entry you can take.
We'll get further chances to accumulate ETH once we confirm my thesis.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Keep stops below today's low. (or use this distance to measure risk and use no stops!)
If we find price holds above the 7.6078 mark for a month, we could expect uptrend continuation and a move up towards the 9-10.25 range, before rallying strongly again.
Fundamentals suggest it's likely to see some accumulation coming into play, due to the start of the slock.it presale today.
Thanks to @Goodbetterben for reminding me: daohub.org/
This process WILL take time, so, be patient, but this is currently the lowest risk long entry you can take.
We'll get further chances to accumulate ETH once we confirm my thesis.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
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We'd need a break of the previous daily high within 2 days ideally, and price hitting 9.48 to confirm the momentum. If it doesn't hit that target it's ok, as long as we get new highs and price starts to hover above 7.60 in a stable manner.
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Join my live stream today. I'll do a broad market coverage and discuss a few setups. Starting at 7pm, GMT-3: www.youtube.com/watch?v=dFRgg2Ww...
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Prices firmly above resistance, we should see uptrend continuation as outlined.
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Path A or B still viable, but, it's clear price won't come back down. Hold longs and buy dips.
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We have confirmed a 30+% rally from here yesterday, you may to longs on a dip with stops under yesterday's low if you want.
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Nice!
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Perfect so far.
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And now it's clear the green pathway is more probable, let's see how it goes.
Trade closed: target reached
