ETHEUR: Two possible pathwaysWe should go long ETH at market, using dollars or euros ideally, but diverting some BTC funds isn't a bad idea either.
Keep stops below today's low. (or use this distance to measure risk and use no stops!)
If we find price holds above the 7.6078 mark for a month, we could expect uptrend continuation and a move up towards the 9-10.25 range, before rallying strongly again.
Fundamentals suggest it's likely to see some accumulation coming into play, due to the start of the slock.it presale today.
Thanks to @TheOwl for reminding me: daohub.org
This process WILL take time, so, be patient, but this is currently the lowest risk long entry you can take.
We'll get further chances to accumulate ETH once we confirm my thesis.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
