SNOGY

SNOGY Updated 

Fibonacci Channel indicative of resistance and support levels though not as strong as the horizontal levels. Approximating the lower bound means better buy reaching to means better sell.

SNOGY Updated 

Basic Fibonacci levels on daily candle chard. Long term fundamentals indicate upwards. 1005 as support. 1150 was surpasses around the time we heard of the SEC news a negative result could drive the price down with a good buy point. 170/1175= 14.5% downturn with p=.75 (negative outcome) 665/1175=56.6% upswing with p=.25 (positive outcome). Going long for the longterm

SNOGY Updated 

Price movements in 2011 2012 indicate the upward movement fibonacci levels. Movements in 2012, 2013, 2014 (not shown) also reinforce these levels except that the adjacent fibonacci levels are overcome by the more salient 3.00 and 4.00 points on the move upwards. Fundamentals are in favor of DXY and USD dollar with pro-business, pro-employment Trump and...

SNOGY

The pirce has continued to stay in the .01324 - .01072 range of the big draw down, light blue range. Recent prices in darker blued to the right. When opening an ETH long position for the long term we ware of the short-term downside being higher.

SNOGY

In the short term hitting the top of the blue region (.011007, .013784) would be too steep a climb. In the long-run (5-8 months) Eth relatively new developments have stopped the downward sprial. Upward potential is high with a relatively low downturn to next support level down. Reward to risk ratio of 3 in terms of BTC, is likely a pleasing idea to those who care...

SNOGY Updated 

ETH shows uptick as a way to hedge the BTC downturn with SEC negatory view. Low chance of acceptance. Head and shoulders could support the move back down and up again swinging low with negative SEC outcome and then climbing back up.