ETH: Potential setup

coinbrew (62)in #cryptocurrency • 6 years ago

Good days, my Steemians friends.

We have been through a strong weekend, with ETH is trading range-bound between the $280 and $320 level. Although we had a test at $320 in last Friday, ETH is now trading within the $280 to $310 area.

Chart by Tradingview

From here, I may suggest two potential setups:

Bright side: We might head to $320 resistance point, and potentially, we might break in further to the $354 area
Not-so-bright: We lead to $250 level, which was the last time support for ETH.

In either case, I suggest that we should not enter any trade at the moment. I will put a Short order when ETH reaches $300 or $320 level since those were last time resistance.

For catching ETH, I will start booking my Long position from $250 range.

Good luck my friends!

#bitcoin #crypto #money

6 years ago in #cryptocurrency by coinbrew (62)

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apshamilton (72) 6 years ago

If you've lost a lot of money in ETH, you can blame Facebook & Google for blocking crypto ads which started the bear market.
Fighting back against them will end it.

Details of the drops:

50% drop ($300 Bn) that occurred in the week after 30 January 2018, when Facebook announced and began implementing its ban;
30% drop ($100Bn) that occurred in week after Google announced its Crypto Ad Ban on 14 March 2018.
29% drop ($95Bn) that occurred over the month of June 2018 when Google implemented its ban;

These bans dramatically slowed the flow of new people into crypto and prevented projects getting users and funding.

That's why JPB Liberty is enabling everyone in Crypto to claim damages against them by Joining the Class Action against the Crypto Ad Ban.
Its anonymous, no win no fee and you even got bonus tokens for signing up.