Well, the last impulsive move turned out to be a false breakout. Price retraced up to the previous trend line. Time to short with a stop just over the trend line.
Entry: market Stop: above the trend line Target: 0.065
how this will happen while analysts are expecting price level 300 and 2900 for both ETH/USD and BTC/USD!!!
jbourgault
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@mohadcs, Well, even if both ETH and BTC are going up against the USD, this pair can very well go down if BTC move up faster than ETH.
mohadcs
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@jbourgault, Thanks, got it ... now, btc/usd hits its peek which was much faster than ethereum. but i am not able to take the decision of selling eth/btc. until the moment i lost a lot of btc value because i hold eth. should i sell eth and wait for you entry point (0.065) of jut keep holding??