Closed with profit short deal. Trend line have 41* angle. This trend line could hold selling pressure. 0.00130 pretty strong resistance so we should wait for further movements.
1 day chart shows it retraced already and the sector eth and neo have been trending up and btc is weak and all three are acting stronger than bitcoin but are influenced by it. Ace says there is good news. I say its going up or if btc dives it tries to hold or springs back. We will see. Possible dip and go.
wk1600
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the night where ETH becoming the leader of this market is coming very soon IMO
ArShevelev
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@wk1600, when they will regulate ICO's eth might slightly dump...
wk1600
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@a.shevelev002, Possible, almost 90% of ICOs are using Ether at this time, might hold for enough time and share the total market cap with new rising projects
take a look at percentage of total market capitalization.
Acel
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I hope it goes long, Dawn 3.0 was announced.
Can you take a look at the EOS/USD ? The majority of volume comes from KRW so maybe USD pair is more valid. No?
ArShevelev
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@Acel, The dollar pair is highly dependent on the bitcoin rate
ArShevelev
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@Acel, USD pairs rises when BTCUSD rising... or when BTCUSD stable, and ALT/BTC rising
KRW pair has 2/3 of the price - and its not calculated on AVG price at that site - also USD pair on bitfinex is the "top" with 6% .
Acel
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2/3 of the volume**
Acel
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@a.shevelev002, ok thanks for the update, it looks like its forming a C&H. Wave 5 will top and the end of the cap and then ABC correction to form the bottom of the handle.