ETHXBT: Time at mode and fundamentals

30 set 2016

This chart shows a potential buy setup if we break above the 0.022 handle with sufficient volume and momentum.
Right now, price is coiling below the resistance generated by the price action surrounding the DAO hack, so it will be a meaningful breakout once we go above this zone.

I'm long from a lower entry, and looking to add once we break out. Additionally, there's a weekly time at mode signal that might trigger, and the targets would be really lofty, so, try not to miss out on the move up.

Good luck,

Ivan Labrie.

4 ott 2016

Ordine annullato

8 ott 2016

Nota

s3.amazonaws.com/tradingview/snapshots/v/V8RkZAfX.png
the 'hack solved' key level failed to hold prices
buyers couldn't break the 'DAO hack' resistance
no LOW above

10 ott 2016

Trade attivo

I like the entry here, we found support at the hard fork key level.

16 ott 2016

Nota

Probably building for more downside to the next key level.

16 ott 2016

Nota

s3.amazonaws.com/tradingview/snapshots/h/hRJgDWqW.png

19 ott 2016

Trade attivo

Level holding here, we can long more, stops at 0.018

22 ott 2016

Trade chiuso manualmente

26 ott 2016

Nota

We did break down and hit the next key level as I feared. We need to see if we make a high on close, under the Bitfinex hack level, if not it could start to base and bottom. If it does, this is just a massive downtrend, an we can't buy any Ethereum until there's a fundamental catalyst to turn the tide.

2 nov 2016

Nota