It looks like it's double top. For now we are retrieving back to $273
https://www.mql5.com/en/charts/7566198/ethusd-d1-fxopen-investments-inc
ETH/USD update
7 years ago by srezz (48)
$0.62
- Past Payouts $0.62
- - Author $0.49
- - Curators $0.13
37 votes
- + norwegianviking: $0.515 (100%)
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- … and 17 more
Thanks. And do you have some thoughts on NEO and/or IOTA?
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I think IOTA can't be calculated like Srezz does, because it's the existence of a "coin" must be at least a year. Personally I think IOTA is a very good technic which has a big market opportunity, good marketing strategy and a great interest of a lot of investors. I'm in IOTA for 20% of my total free capital.
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Yeah I thought so too. Not enough data to extrapolate.
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I agree. IOTA somehow too solid. Not wobbly like ETH.
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I'm also very bullish on IOTA, went in at $0.22, and have about 35% of portfolio in it now after the correction. Other holdings are ETH and XEM, and a small speculative stake in NEO, but I have to say I'm not liking that project too much. I've allowed myself to hold it as a minor 'Chinese hedge'. :)
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Another limitation may be that srezz is pulling data from xBTCe, I think, and they don't have IOTA or NEO.
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If it is going back to 273 why is the pricing jumping up?
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retrieving back to 273 doesn't mean its going to 273. It went to 320 on some exchanges almost. It was a sign of downward trend. Not guaranteed.
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lol, noobs, are back at it on CC reposting and screaming the sky is falling, without understanding the charts or philosophy behind them.
well thank you for the charting
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Thanks srezz. Do you think this could form into a bullish gartley pattern?
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I don't rely on any such arbitrary patterns.
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Another epic call! :) Not a crystal ball, as things can change, but often very helpful indeed. Cheers and respect.
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Thank you.
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