Thanks @idiottrader! I got out of my position at $1,290. Even if it does keep going up I'm ok leaving money on the table. If you're a long term holder it doesn't matter, but I'm looking to limit risk, collect profit, and wait until we correct. We've had 10 green days so far which is unheard of in ETH history. Daily RSI is over 85. Weekly RSI is at almost 90. We're definitely due for a nice sizable pullback and it will happen. We might get up to $1,350 first, but there's definitely a larger correction looming.
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Interesting. I don't know much about the behavior of ETH other than my experience the last week or so. I have been having fun riding the 5% swings up and down. Doing that a little tonight, actually before I cash out. Hope your correction doesn't happen in the next 2 hours! 0.o
Just started!!!
so I see.. one dip too much into the cookie jar, I think! Looks like I'm going to be holding for a bit if I can't get out even.. oops! ^^