There is no (yet) big changes in our view on ETH. The new low is expected, the sentiment should get depressed more than now. Yet, as we said in the last update, the author is getting finally slightly bullish on ETH (after quite a long pause!)
BTC is ranging around as drunk sailor, makes little sense to predict every single move. We want to see the battle for $800 and we paid for our tickets!
What is new and interesting is AMP (Synereo). The newly sold during the last crowdsale AMP tokens (20 mln.) are about to hit the market. The general sentiment is that it will push the price much lower. And you know what we feel when we see any kind of general sentiment. We expect the change. In this case the turn up. AMP is, unfortunately, not the market which we followed on these pages very closely. Author will try to get deeper into the price structure and pattern. If succeeded, expect some charts on these pages.
As usual, don’t consider the written here as trading advice. It is not. Whatever is shared is for educational purposes only. And, well, the author likes writing in his free time too =)
Anyway, today is the last day of the two months Asia trip. Soon will welcome aging Europe again. Coming winter and snow are easier to accept when the crypto space is heating up.
And the crypto is heating up.