The overall macro trend still shows bear signals, and quite strong, but there might be a window for a trade here. The target is fuzzy, and the entry level is about 260. Trade with care.
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By how it's moving, a good target could be 270 USD.
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Ichimoku spans just converged, so the crossover might happen.
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Turning span bent upwards, so the buy signal is there. As @silmaril0875 mentioned, this might be the product of manipulation, so a dump could happen at any moment. The volume has kept its pace, so at least some of it is organic.
交易結束：目標達成
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Holy moly, candle folly. I closed at 270 USD.
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It turns out I cant delete posts, so I'll just spam a donation address. Send me your ETH here 0xF7Dc813B5c746F777DD29c94b7558ADE7577064e.
Good job! I'm not trading eth on Kraken, actually on coinbase. But I was too nervous to take a trade there lol.
silmaril0875
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ETH on Kraken is being manipulated so not sure if this could be true.
UnknownUnicorn1038536
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@silmaril0875, manipulation can lead to real FOMO, which is part of the idea. Don't fight the whales. Get in early, get out with profit.
silmaril0875
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@hirounsung, understood but it could also mean false bull patterns...
UnknownUnicorn1038536
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@silmaril0875, it doesn't really matter if it's a natural pattern or not, because thing like these candles happen. I doubt this is the reversal, but profit is profit.
mightytrader
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@hirounsung, ETH still gonna drop to $180-ish, right? I would really hate for ETH to go up past $300 again. Also, what do you think is the lowest for XRP? I can't see it going below 22 cents... I would be really happy it did but I think it won't so I am going to buy some soon.
UnknownUnicorn1038536
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@mightytrader, I'm not a time traveler, so I can't tell for sure. I still think 180 is possible, especially if we look at yearly trends. I'm sitting on XRP. No idea what's the lowest, but I think that at some point it will go 2x or so. I'm willing to sit it out with a side stash.
silmaril0875
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@hirounsung, good call. Profit is very nice and always rewarding...