arviman

arviman Updated 

As we all know, markets tend to be oscillators or trenders. In this case, ADAEth is an oscillator which goes between price bands. IMO ada at $1.30 signified a local market top relative to ETH. Eth has a lot of fundamentals going for it soon - extra shard chains, POS, layer 2 updates etc. which will improve it's scalability and lower transaction fees. ADA is still...

arviman Updated 

Now that the 1400 ATH support stood strong and we're exiting the support channel at the bottom, picking up or adding to your long position around 1650 is a very sensible move. Keep your stops around 1300-1500. Happy hodling.

arviman Updated 

While the trend is bullish for alts and eth while bitcoin is consolidating, some safe trades can be taken by playing the channel range at the tops and bottoms. Risk-reward looks rather favourable right now.

arviman

Expecting to short with a profit target around 7500. The death cross is looming along with the trend taking us downwards with stochastic RSI showing overbought. All this points to a short-term shorting oppurtunity with the support line holding us around 6500-7500.