Ethereum price discussion

[Tuck Fheman]

https://www.reddit.com/r/ethtrader/comments/4alimn/thoughts_on_technical_analysis/

but ... muh lines!

[Ander]

Welcome to .03 - .025 (for the most part) until Metropolis.

At least that's what I think will happen.

The seems very reasonable to me...a multi month consolidation period in the .02 to .035 range or so. 

[Tuck Fheman]

Welcome to .03 - .025 (for the most part) until Metropolis.

At least that's what I think will happen.

[werneo]

Ides of March sell off?

[puppies]

ETH tanks hard, causing BTS to tank hard.

ETH goes back up, BTS doesnt.

Yeah BTS is the only crypto where its cool to sell the rumor and the news.

[cube]

ETH tanks hard, causing BTS to tank hard.

ETH goes back up, BTS doesnt.

ETH at 0.028. Is that the beginning of a bubble burst?

[Ander]

ETH tanks hard, causing BTS to tank hard.

ETH goes back up, BTS doesnt.

[Tuck Fheman]

then probably going higher

Who knows, but I believe this is a bull trap and we will drop further. 

But, that's what I want to happen, so I'm biased.

[jsidhu]

Looking/feeling like .025 is on the way.

then probably going higher

[Tuck Fheman]

Looking/feeling like .025 is on the way.

[fuzzy]

This chart shows two parallel trends. ETH has corrected to the bottom of the upper trend channel. If ETH drops below 0.0270, it could freefall down to 0.0200 and then stabilize somewhere inside the lower trend channel.

Some of the major alts appears tied to ETH's fortunes, so if ETH drops again, BTS might follow.

One variable: ETH is now trading on chbtc.com. To what extent will Chinese demand effect the price of ETH?

greatly. 

[werneo]

This chart shows two parallel trends. ETH has corrected to the bottom of the upper trend channel. If ETH drops below 0.0270, it could freefall down to 0.0200 and then stabilize somewhere inside the lower trend channel.

Some of the major alts appears tied to ETH's fortunes, so if ETH drops again, BTS might follow.

One variable: ETH is now trading on chbtc.com. To what extent will Chinese demand effect the price of ETH?

[Tuck Fheman]

Has she topped? Hmm...

Yup.

I got out (some) at .035, sooner than expected.

Now we get to see where she stops.

[nomoreheroes7]

Has she topped? Hmm...

Love seeing BTS topple down along with it. Beautiful.   

[Tuck Fheman]

irrational exuberance

All hail "irrational exuberance" (for the 12th time)!

When .039xxx gets here (and it will), then I think we'll see what you describe above, but perhaps only to .03 - .025.

Disclaimer: https://youtu.be/9Cio1Bfs_0I