Accroding to my forecast model.
The 4 hours prediction still going down after forecasted recent bounce up, but the real signal shows oppsite.
In the mean time, 2 hours prediction shows strong up trend, and the real signal follows the forecast result.
It's is possible BTCUSD is going to reach new high before going down again.
BITFINEX:BTCUSD
Just like my previous analysis,ETHUSD reached 360~417 support and bounced back to exactly near 460.
I wish you all have some profit this round.
But,ETHUSD been near 450 2 days.4 hours NOT looking good again.
My suggestion is keep 10~15% belief in ETHUSD at 420~440.
Stop loss order at 399.
BITFINEX:ETHUSD
BITFINEX:ETHUSD
My previous analysis foresee this down fall.
Japan authorities's investigation and Bithumb's hacking may started it,but it is not the reason for it.
My guess is ETH will be supported at 417-360, and bounce back to 470.
Suffer from Korean Bithumb Exchange hacking incident(official confirmed).
1 hour went bad.
4 hour fall hard but still supported.
but look at the daily.
It's not looking good at all.