Phattyoshis
Short

ETH/USD Heading back down to complete this correction

POLONIEX:ETHUSDT   Ethereum / Tether USD
ETH looks to be forming a rising wedge pattern which should be of the continuation type, leading to one more drop (overnight tonight, early A.M. 1/19/2018) as we complete the overall market correction. However, as we have seen many times with Ethereum , I expect this C wave to be truncated and we may only see prices drop to the low 800's tagging the 0.382 Fib retracement level before we see signs of a true reversal. Additionally, I expect the market to trade sideways for about 8-10 days leading up to the close of the first CME futures contract at the end of the month.
CME futures ended yesterday
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@Benx6, CBOE futures closed yesterday. CME futures trading closes on the 26th and settlement is on the 31st.

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_product_calendar_futures.html
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Benx6 Phattyoshis
@Phattyoshis, must have been CBOE that expired yesterday
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