Ethereum - A Good Place to go Long?
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ETH/USD Ethereum actually looks a little more bullish here than yesterday. We're still looking to form a new daily low after breaking down from yesterday's daily close. However we can see lots of buying interest in the market absorbing Ethereum's momentum here, indicated by the long tails on these candles. We also see an uptick in selling volume with nearly no momentum downwards. This actually looks like a good spot to enter a long position from. Volume Profile lets us know that we're also consolidating along the Point of Control, and we've got a few pockets of low volume above us before we reach high volume nodes like $222, which also corresponds with out Ichimoku Cloud. This is the area I would be targeting on the daily time frame if I were to enter into Ethereum right now. That's about a ten percent move based off $200 ETH. Sentiment Analysis: https://www.tradingview.com/chart/ETHUSD/izuFhL6H-Ethereum-A-Good-Place-to-go-Long/ We are an active and growing community, and we are 100% self-funded through subscription fees. A subscription to Cracking Cryptocurrency will give you access behind the pay wall on our website and our Discord server. Coming soon to our subscribers will be mobile and e-mail updates. A subscriber to Cracking Cryptocurrency will receive daily trade signals across multiple exchanges. A signal will contain a recommended entry price, projected targets or sell points, and stop losses in case the market turns against us. We have a team of traders constantly monitoring the markets to ensure good positions, good entries, and reasonable targets for a healthy win to loss ratio that will increase your profits. I am one of those traders. My name is Justin, and I have been actively trading the Cryptocurrency markets for the last two years. Prior to that I was a full-time Forex swing trader for five years, and before that I was a student of Philosophy. After pain-staking hours spent perfecting my craft, I've seen the demand in the market and bring my expertise to help meet it. I know first-hand how painful learning how to trade can be, and how agonizing it can be to subscribe to a losing strategy, or worse, to be paralyzed by lack of knowledge and miss out on this once in a lifetime opportunity that the burgeoning cryptocurrency markets represent. There are very few opportunities that come along to get in at the door of an asset class that will revolutionize banking, trading, and monetary policy. The market space for Cryptocurrencies is still in it's infancy, yet is has attracted the attention and excitement of professional traders, investors, and believers the world-over. Do not miss your opportunity to fulfill your dreams of financial independence. Invest wisely in Cryptocurrency, and do so with the guidance of experts who have made the painful mistakes for you. No strategy is perfect, and we cannot guarantee that your results will mirror ours or those of our traders. However I can tell you, that I have personally witnessed the growth and success of many who have come under the umbrella of Cracking Cryptocurrency, and watched complete beginners to trading become competent and financially independent traders. This is not a dream, this is an opportunity that is beckoning to you. All you need to do is reach out, and seize it. Welcome to Cracking Cryptocurrency...let's get Cracking. Join our Discord and receive FREE Trading Siganls: http://discord.crackingcryptocurrency.com Follow us on Twitter: http://tw.crackingcryptocurrency.com Join our Facebook Group to keep up to date!: http://fb.crackingcryptocurrency.com Steemit! You know we're world-wide!: http://steemit.CrackingCryptocurrency.com Also our Trading View for the latest charts!: http://tv.CrackingCryptocurrency.com DISCLAIMER Our exclusive trade signals are for the use of paying subscribers only. It should be noted that all investment comes with inherent risk, and although we boast an impressive win-loss ratio, past performance is not an assurance of future results. Our services and recommendations do not constitute financial advice.
Bitfinex: Longs are slowly rising while shorts stay relatively flat. This is generally a bullish sign, especially with the high selling volume on low momentum.
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