Poloniex Counters Coinbase Etherium Pump "Bull Flag"

in #cryptocurrency8 years ago (edited)

Image and video hosting by TinyPic

Image and video hosting by TinyPic

Image and video hosting by TinyPic

Poloniex has countered the Coinbase Etherium (ETH) Pump "Bull Flag" by adding Etherium Classic (ETHC) to their exchange. However, no other exchanges have legitimized Etherium Classic (ETHC) by adding to exchanges yet. I believe that Etherium (ETH) will reverse move in the near future to resume Coinbase Etherium (ETH) Pump as Etherium Classic (ETHC) loses the hardfork war. While Etherium (ETH) remains low, I believe it is a good time to accumulate more, is my thoughts on the matter (see previous blog regarding Coinbase Pump 50% Retrace Entry Point). We might continue to see volatility next week as the dust settles from Coinbase Etherium (ETH) Pump and the Poloniex Etherium Classic (ETHC) counter. Really, I have no idea. This is all speculation on my part.

Disclaimer: I am hodler and trader of both Bitcoin and Etherium. I am trader on Coinbase/GDAX. I am not a trader on Poloniex.

Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 91275.94
ETH 3099.80
USDT 1.00
SBD 2.90