Long on unified formal resolution proposal
A unified formal resolution regarding the DAO hack is yet to be determined.
Price maintaining a channel between 147 and 174.
Long term holders can pick up in this channel or below. Floors recently tested but unable to convincingly break support at 147. I have been buying at 150 and below for a short to medium trade.
Look for a possible final bear trap or stop run.
A convincing break above 174 would find a nice consolidation point and new range above 200 to allow time for whatever solution such as a hard fork to be fully implemented.
Price maintaining a channel between 147 and 174.
Long term holders can pick up in this channel or below. Floors recently tested but unable to convincingly break support at 147. I have been buying at 150 and below for a short to medium trade.
Look for a possible final bear trap or stop run.
A convincing break above 174 would find a nice consolidation point and new range above 200 to allow time for whatever solution such as a hard fork to be fully implemented.
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