Spike on the DAO by quant01

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dao · @quant01 · Aug 5 '16

Spike on the DAO

Hello guys,
be attention to the DAO, the price spikes on the trendline target (time frame 4 hour).

http://i.imgsafe.org/4910da5f45.jpg

Don't buy on the spike.

Best

👍 domavila, itay, quant01, praisenoone

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@domavila · Aug 5 '16

Great advice. I don't see this pair breaking out to the upside and I definitely would not buy here. I am no expert on this pair because I stopped trading it a while ago but looks overbought to me.

Luckily I was very fortunate and sold 95% of my DAO two days before the hack. I dodged a serious bullet on that one! Keep up the good work brotha.

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@quant01 · Aug 6 '16

Hello domavila,
It was a good trading strategy... But we think that for the long term the DAO is a good opportunity, like STEEM.
Best

👍 domavila

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@domavila · Aug 6 '16 (edited)

Right on. I took DAO off my tradingview watch list but as long as you have a nice setup and trade go for it.

That whole ETH hard fork bailout really pissed me off. Plus the DAO and slock.it fiasco with their shitty ass code sent crypto back months when it was on a tear and really gaining traction. Then this bitfinex breach/ inside job happened and really hurt crypto. It is like someone is trying to destroy crypto and Bitcoin,I won't say who I think it is because people will think I am crazy but it rhymes with wankers.

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2 replies

@itay · Aug 31 '16

I upvoted You

👍 noaommerrr
👎 cheetah56, cheetah57, cheetah58, cheetah59

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@praisenoone · Aug 5 '16

Dear User known as @quant01 
 Steemit has a BOT problem! Your Vote Counts... Maybe 
 https://steemit.com/steemit/@weenis/bots-steemit-s-first-community-based-decision-on-bots-your-vote-counts-to-be-or-not-to-be-details-inside

👍 hasherfromhell, gunpower, younlong

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