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rmmartin
Feb 5, 2018 5:53 PM
ETHUSD last possible bounce
BITFINEX:ETHUSD
240
Ethereum / Dollar
Bitfinex
Description
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Feb 5, 2018 5:53 PM
ETHUSD is now moving with BTC drama. All supports have been broken. Watch for a possible bounce off the 0.786 (X-C) level. This would put BTC in the 5560.0 level. BTC would need to also bounce on the 72% (decline to X) retracement...
Well, that's all for now. Happy Shorting.
Trend Analysis
Harmonic Patterns
Comments
MCassICT
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Feb 5, 2018 5:55 PM
Lets hope .786 holds strong with good volume!
rmmartin
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Feb 5, 2018 6:04 PM
@Bremily01, Couldn't agree more, I'm rooting for the crypto's!!
MCassICT
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Feb 5, 2018 6:08 PM
@rmmartin
, Im seeing basically the same thing. At $692 right now and I have my most optimistic at bottom at $645....
rmmartin
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Feb 5, 2018 6:14 PM
@Bremily01, Very nice
rmmartin
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Feb 5, 2018 8:18 PM
@Bremily01, getting close
MCassICT
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Feb 5, 2018 8:19 PM
@rmmartin
, watching volume close right now.....there is definitely some push and pull between the bears and the bulls right now which is good.
rmmartin
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Feb 5, 2018 8:40 PM
@Bremily01, volume is looking good
MCassICT
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Feb 5, 2018 8:51 PM
@rmmartin
, I just saw where the DOW is today. Any chance that could play any role in cryptos?
rmmartin
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Feb 5, 2018 8:53 PM
@Bremily01, oh....hmm...that’s not a good sign. Well, looks like some serious events on the horizon
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