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Dao

ETHBTC: BTC rally should be topping soonETH has plenty of upside left, we arrived at a very significant support level here in the ETHBTC pair, we can try a long entry (I'm already in it). Downside risk is 26%, but potential upside is up to 159.67% so the trade off is worth it. This is a riskier trade since we're entering at support, ahead of confirmation, but the USD or EUR pairs are currently in an uptrend, and we're observing a retracement in BTCUSD/CNY pairs currently, so we have decent odds here. If you're less risk averse than me, you can shrink the stop loss distance here, and go with a stop at 0.0197. Check out my updated track record here: pastebin.com 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 Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.57% on such information.
Long
by IvanLabrie
7
DAO and BTC - Hedging positionsBitcoin up 11.15% $DAO down 5.16% Indicating strength in $DAO. This can be used to hedge your Bitcoin long position. $DAO has a reverse relation with $BTC. If Bitcoin goes down a bit, $DAO will go up more aggressively. ---------------------------------------------------------------- At this moment $DAO has not been on the market. But it seems like it does have an inverse relation with $BTC. $DAO might be usefull as a hedge but I am not sure how competent the team of $DAO is. There is an article on coindesk.com with the title "Will The DAO Become Ethereum's Mt Gox?" You can look it up. The headline seems very weird to. Too much speculation. Coindesk.com was hyping $DAO before it got in the market. Made me think that the coindesk.com team bought $DAO. If they try to manipulate the market with that headline to buy cheap ? We migght never find out. This is just an analysis. Consider the risks on every trade
D
by RomanoRnr
2
LSK/ETH TRADING PAIRA Ethereum base market and two new trading pairs were released by Poloniex yesterday - POLONIEX:DAOETH & POLONIEX:LSKETH . This offers an interesting opportunity for Ethereum holders who want to invest in LSK but do not wish to pay for the double conversion fee of exchanging ETH into BTC, and paying another fee to buy LSK. A smart move by the exchange operators to keep clients happy and trading volume up. LSK/ETH could be a great tool for investors to gauge market dynamics while also providing information for trading strategies moving forward. Today's live interview with recently appointed Lisk senior advisor Charles Hoskinson revealed a lot about the potential of Lisk for developers, users and investors alike. The price of Lisk went up about 8% during the interview, and price seems to have stabilized so far, hovering in the low 80k range. www.youtube.com Expect this new trading pair to help with the next Lisk bull run and expect to see wild spikes of volatility in this small but emerging LSK/ETH market.
LLong
by daoist