There will be a decicive move either to the upside or downside defining the short to middle term price direction soon (within days).If I give up being objective and use my experiences I would say the movement will be probably to the downside.
I am keeping my eye on BB.Still there may be sudden jumps to 230-240 USD to make a bull trap.The reason for my downside expectation is the money is lacking.However the interest cut of FED may also have a positive affect when we approach to October-November.
Have a good and profitable day.
Isn't it the direction of ethereum was following bitcoin? im doing a swing trade for bitcoin and the direction of ethereum is the same as bitcoin today.
Bitcoin jumped and ethereum did it and when it goes to the opposite thing and ethereum was also following it.
A sudden increase of ethereum to the 230 - 240 range will not happen until bitcoin will have done the same thing too.
Im also putting 9k - 11k range to do a swing trade bitcoin.