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RE: Had to buy some ETH today - here is why:

in #eth • 6 years ago (edited)

Hadn't you doubled up your holdings already on the 27th of may?

https://steemit.com/eth/@ew-and-patterns/eth-update-27-05-18

I think this is very weak for a trend change. No volume! Might be interesting for short term trading, up to 500-510 (hitting EMA 22), but no further. Too tricky for me!

EDIT: plus it looks like an upward pointing wedge on the hourly. One has to be cautious there, except if you managed to scalp it between 420-430.

6 years ago in #eth by
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     6 years ago (edited) 

    Yup, i did. No worries I did not double up again ^^.
    There is no real trend change yet. I am speculating on this longterm trendline bounce.