major support level meets a continous trend line around $250
Comment:
obviously around $312 major resistance plus buying into BTC fork taking it's toll on ETH . I won't be surprised to see $270-$250 range in few days .
Comment:
so that was a surprise move, got lucky and bought few @275.77 since I had bids down from $275.77 to $254.77 but of course the majority down low. No complaints but I'll keep watching to figure out if it was just a short covering move and then resume downwards or is it a true move. Volume and price action plus support levels will tell.I'll be watching $293-$300 levels (if it gets there) closely and then decide if I go long more or just keep bids as is around $255 level.
Trade active:
so I'm still holding on few ETH @275.77. Trading in tight range would be a mistake.small bids from 287 down to 254.
Trade active:
add more @305.33 and 308.5
Trade active:
add more @$286 p to $313 ....... contrary to many traders I expect BTC to keep going but this time alts will follow.
Trade active:
ETH declining after coming from $291.30 up to $319.94, if it stops above $300 and changes course I'll be adding. I think it could stop between $305-$310 area, i'll take it as a bullish sign.
Comment:
it 'll be also my last addition to ETH.
Trade active:
still holding and my eyes on $382-$387 area. No sporadic swings so far since we took off around $300 area. ETH acting like a mature healthy strong equity, stock market style VS other coins.Not sure if is it because of smart money interest to accumulate or just bound to BTC .045 for now and once we reach over $1000 volatility will change, time will tell.
Happy Thanksgiving.
Happy Thanksgiving.
Comment:
as expected topped at $384. Now it's important to hold lower to mid $370s so it takes another shot and maybe get closer to $400s.
Trade closed manually:
Flat and looking to buy between $380-$400
Comment:
if it gets there