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RE: Ethereum TA: Where [was] the triangle!

in #trading7 years ago

Well today is a good day for crypto. Just in a couple of hours, so much money has been pumped into crypto and bitcoin is passed $3100. Luckily for me I bought some bitcoin yesterday because I was going to turn it into fiat to put it towards paying my rent and now I've got a little extra to help out haha
I recently wrote a post about do you need sadness to be happy but it doesn't seem like it since with this has just put a huge smile on my face.
Seems like this extra money pumped into the market has also trickled down to Ethereum.
It is time to pop open a bottle of wine @xaero1 and celebrate haha

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Yes, last night was amazing! I took big positions in ETH, BTC, and a small one LTC. Nice when things do everything you wanted ;). Congrats on your trading!!😎🍾🍾🍾🍾🍾

There is loads of speculation that Litecoin will be the main currency to do transactions in Asia and that Litecoin can reach highs of $80 sooner or later.
How far do you agree with this?
Congratulations om your success as well @xaero1
Now we just need steem to follow everyone else haha
Smiles all around! <3

I haven't been following any news really....other than the BTC fork, and that segwit will activate on BTC by Tuesday. Therefore I plan to sell before then!!! Buy the rumour, sell the news...I believe many people expect this, and therefore it becomes a self-fulfilling prophecy even. But yes, Litecoin has a lot of volume, but I'm not up with any news.

Apart from the BTC stuff, I'm just trading on the technicals, and ETH and LTC both looked like they were about to break positive on the 1 day EMAs crossing over! So that's why I bought those :). No idea of an upper bound for LTC, but for ETH, I'm hoping for a 50% retrace back upwards from the lowest point😄