janakgupta07

janakgupta07

ETH upside move is possible it is currently at its support and high chances that it will go up till 1515 (resistance)

janakgupta07

as per the last analyses ETH has reached it support range it might confirm its support at 1420 - 1450 range and if the support is confirmed small pump can be expected before the dump !!

janakgupta07

the last downfall was 10.56% and this downfall can be expected of the same level, which is backed by the previous trends if we see there was a 16.4% drop twice Again not only limited to the technicals MT Gox and FOMC meeting rate hikes are on its way to dump the market Fake pumps are possible but not guaranteed but market looks bearish!!

janakgupta07

Mt Gox is soon releasing BTC, FOMC is meeting interest rate hikes, and whales are always in the market to fuel the fire! till 21st Sept, fake pumps are possible and the dump is on its way better stay away from markets till the 21st only trade that u can loose 100% and it won't affect u! Happy trading :)

janakgupta07

No TA is going to help, no analysis will help to make money right now its whales who will make money and small traders will loose no matter what happens this is played by the emotions :)

janakgupta07

Sudden Pumps and Dumps are just soo much without any strong reasons huge volume randomly coming and dumping the market similarly they can do fake pumps, I believe its better to stay away until the fed meeting happens and interest rates are announced after that the market will show the real colour! Happy trading :)