I own ETH, my long position is in shatters, I will not be taking this trade. Would if I could, raisins: 1) all supports cut through like butter; 2) people call it 'Etherponzi' and it does have infinite supply, so...; 3) 'despair' means we go below even the lowest lows, just like parabolic bull runs crush the highest highs; 4) $18 billion is still too much for a...
I'm not quite convinced, but could be, if the market in general stays green.
Enter on any test of support, 220 for example, take profit 239, dropping out of 214 probably means we're fucked.
As much as I'd like everyone's favourite vapourware to lose half it's value, I'm probably not betting on this on account of getting rekt with my previous attempts at TA. 'Crypto winter' could be over and EOS going to $24, nobody knows.
If this plays out like the rest of them we're on our way to the mid 5000s.
According to this 0.005 isn't outlandish. I'd be more than happy with 0.0055.