ETH/USD update
It looks like it's double top. For now we are retrieving back to $273
https://www.mql5.com/en/charts/7566198/ethusd-d1-fxopen-investments-inc
It looks like it's double top. For now we are retrieving back to $273
https://www.mql5.com/en/charts/7566198/ethusd-d1-fxopen-investments-inc
Thanks. And do you have some thoughts on NEO and/or IOTA?
I think IOTA can't be calculated like Srezz does, because it's the existence of a "coin" must be at least a year. Personally I think IOTA is a very good technic which has a big market opportunity, good marketing strategy and a great interest of a lot of investors. I'm in IOTA for 20% of my total free capital.
Yeah I thought so too. Not enough data to extrapolate.
I agree. IOTA somehow too solid. Not wobbly like ETH.
I'm also very bullish on IOTA, went in at $0.22, and have about 35% of portfolio in it now after the correction. Other holdings are ETH and XEM, and a small speculative stake in NEO, but I have to say I'm not liking that project too much. I've allowed myself to hold it as a minor 'Chinese hedge'. :)
Another limitation may be that srezz is pulling data from xBTCe, I think, and they don't have IOTA or NEO.
If it is going back to 273 why is the pricing jumping up?
retrieving back to 273 doesn't mean its going to 273. It went to 320 on some exchanges almost. It was a sign of downward trend. Not guaranteed.
lol, noobs, are back at it on CC reposting and screaming the sky is falling, without understanding the charts or philosophy behind them.
well thank you for the charting
Thanks srezz. Do you think this could form into a bullish gartley pattern?
I don't rely on any such arbitrary patterns.
Another epic call! :) Not a crystal ball, as things can change, but often very helpful indeed. Cheers and respect.
Thank you.