I'm currently long ETH vs fiat, and short BTC, so effectively long ETHBTC / ETHXBT. The chart is quite bullish here, with a strong weekly uptrend, but a downtrend in the daily, which recently bottomed when hitting weekly mode support. I like how the last 4 days acted, and how we're holding above the DAO crowdsale key level, so I added a bit against this zone earlier. If not in the trade, you can risk a drop under yesterday's low, and enter longs in this pair, targetting a potential rally to 31.75 once the weekly rally kicks off.
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Ivan Labrie
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Holding here at support, patiently waiting.
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Finding support, good. Let's see if we take off from here soon.
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ETH acting great! Holding longs is paying off.
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Leave a comment if you took this long.
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BTFD! Zerohedge readers will get it...I mean, buy the dip.
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