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justatrader
Aug 31, 2017 4:49 AM

ETH as resistance - Will it break or correct? 

Ethereum / DollarBitfinex

Description

That is the question to ask. With the hard fork due late in September, ETH could possibly move back into the range. Will be looking to buy the dip to 258 - 260(if it can make this big a correction). Need to be careful if ETH breaks the resistance that could potentially be a fakeout.

Either ways, September should be interesting for ETH no matter what. A dip to 258 could possibly mark a cup and handle pattern as well. Keep an eye on ETH this September.
Comments
IvanLabrie
Great!
ilia19
okay please update i follow
justatrader
@ilia19, Will do. I will be a buyer above 412, I will b a buyer above 250!! Got to wait for Metropolis
ilia19
@justatrader, youmean that "Metropolis update" should move price down to 250?
justatrader
@ilia19, No... It could be anything. Watch the levels and keep a tab on the news. That's all.
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