Short Swing in ETH closed for +28.90 avg. or +9.5% in two days.

in #ethereum8 years ago

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Solid trade... not a homerun.. but green is good. I really expected ETH to get deeper into that transition area before bouncing. I think it still might. But strength in cryptos simply can't be denied and the squeezes are brutal. I hope we break the downtrend line and set up long with some real volume. I would much rather play long. We shall see how the ICO demand looks in the next couple weeks. I feel like demand for ETH is ICO driven at this point. And it seems to cycle down as devs cash out. If ICOs continue to draw more of a mainstream crowd ETH will moon... no doubt.