You Can’t Fake This – Ethereum Feb01-2017

By | February 1, 2018
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I’m expecting a bit of a bigger sell off as I’m writing this, but it dipped as said.

Currently Ethereum is sitting just below $1000 and even though it could drop to 850 it might be alright to grab a tiny position. Hopefully we see a nice sign of resistance at $1000 for my sake. (I don’t plan on buying more).


Now, If we see a long daily wick that dips to 850 but bounces back and closes around 950 area. AND has a massive volume candle, that would be a better signal for me to grab a bigger position.

(The volume bars are located at the bottom. Below the price bars I have arrows pointing at previous examples.)

bitfinex-ethusd-Feb-01-2018-17-49-10

Note: Ethereum has been one of the strongest crypto during this market correction.

This is not financial advice and you can lose all of your money if you listen.

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