polleke82

polleke82

Let me put it like this. If it break the red line, the mean bear line...We will probably go the 7200 lvl, if it breaks the blue line (bull's) we will visit the BIIIIG trendline (might be a little bounce there..No trade zone I would say), we ll have a reversal after and continue to visit 5900 eventually...And then we all will see what will happen...

polleke82 Updated 

Just check the volumes and ask yourself why some believe there will be a strong move up...50K with MTGOX ruling coming in September...Really now...This trading volume and trend line show us one thing, it is clear that there are less and less buyers for this price range. And more and more people are aware of it. Look at that huge selling bar down there...And where...

polleke82 Updated 

No market reversal yet....Volume weak and trend line intact. I might be wrong, If market break it will break on the Fib 50, specially with that volume. We need a factor for exponential growth, before that it is just day dreaming and market psycho manipulation....Just saying, one app isn't worth 350 Billion $. If you check the nbr of downloads of the app....

polleke82

Volume declining, no big buy momentum very skeptical buyer sentiment. Trend-line still valid, very weak pump (volume wise, won't hold and momentum isn't set for a rally). Always check for the volume to see if a trend line is reversing. You not only need price rising, but volume too. As to confirm if the price surge is genuine. I believe it won't hold and we...

polleke82

Volume declining, no big buy momentum very skeptical buyer sentiment. Trend-line still valid, very weak pump (volume wise, won't hold and momentum isn't set for a rally). Always check for the volume to see if a trend line is reversing. You not only need price rising, but volume too. As to confirm if the price surge is genuine. I believe it won't hold and we...

polleke82 Updated 

We had a FOMO pump yesterday the Big green candle. www.cnbc.com After settling down, volumes are declining again and those FOMO buyers are selling out. Because let just be honest, the news from yesterday is good news but not major Ethereum has a market cap of 50 Billion and the SEC thing is not what I believe will make the market reach a 1 trillion market cap...

polleke82

Little pump and after we will go down on one of those 2 resistance line is going to break the uptrend and fall back in downward . Big red cloud forming also and black downtrend looming.