ETHER (ETH) Update: A turn is in progress. Up or Down?
Are we seeing the birth of a turn up (blue circle)? I believe ETH has one more push up to new all time highs left. It would thus follow Bitcoin pretty closely.
NOTE: The caveat to any bullish posts is that BTC topping needs to be watched closely!
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
It will be helpful. Thank you very much.
ETH also makes a lot of investment and I do not miss checking.
As it is scheduled to be upgraded from the end of September to the beginning of October, I believe that Coin is an attractive coin even after subtracting the matter of It will be helpful. Thank you very much.
ETH also makes a lot of investment and I do not miss checking.
As it is scheduled to be upgraded from the end of September to the beginning of October, I believe that Coin is an attractive coin even after subtracting the matter of Difficulty Bom, ICO.
an ABC is forming, watch my post:
https://steemit.com/eth/@ew-and-patterns/eth-update-03-09-17-in-the-middle-of-the-correction
In my opinion, it's hard to judge pricing with a long US national holiday weekend in play. It's a perfect story for the bots to spark a selloff. It'll be better to assess the pricing when everyone is back to their battle stations on Tuesday.
I'm not sure if the bots are trading cryptos. Why? They can't front run it like the stocks.
TONS of bots trade cryptos. You can even pay to use bots that are for sale. It's too difficult to explain, but there's plenty of evidence of this if you dig around a bit.
But they can't front run like they did for stocks. This makes a big difference on the manipulation side.
haejin,
This is my first year of trading cryptos. I have been reading and watching everything that I can get my hands on. I downloaded the EW Book that you have recommended. Since I am new at this, when reading your charts it is not clear to me where the entry & exit points are. I know you make a ton of posts for our benefit, is there anyway that you can post the entry and exit points to help assist in the learning process?
Thanks,
Mace
I am in the same boat...you need to look at the charts and see the numbers, support, and resistance. There is no exact price for going in and out, only recommendations. TAKE HIS NUMBERS, LOOK AT THE CHARTS, AND YOU DECIDE. GOOD LUCK TO ME AND YOU. (Sorry for the caps, my cat was on the IPad)
Best entry is at bottom of the abc corrections I post. Why? When abc three wave correction is done, there is a change in trend expected.
I always ladder my entries. Please review past blogs where laddering is covered. It allows scaling in of buys at varying price points using support/resistance levels. This way, much fear and emotion can be removed and no entry is in a single transaction.
Without laddering, a single transaction entry almost assures that price will go lower than your buy point and that induces terrible buyer's remorse. Laddering is my technique.
Thank you sir.