[BTFD] ETH/USD - [LONG] Trade Analysis 6th Nov 2017 Long
Ethereum / DollarBitfinex
Description
⋅ ETH/USD Bitfinex opening with a down gap below the developing trend and 200 SMA on both Daily and 4H Timeframes.
Potentially more sideways price action today, coiling inside of the triangle for a breakout.
Levels to watch:
Fib 0.5% level: $272
Psychological level: $300
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⋅ lower trend still holding, might have got top trend line in a bit early
ETH looks a serious buy now
take a look at a friends chart for better TA