Is ETH/USD Latest Move Up the Start of an ABC?

in #ethereum • 6 years ago

Ether made an impulsive move up to $462.49 (Coinbase ETH/USD) last night, but it's not the first time we've seen a move like that in the last couple months.

TradingView
Last night's move up could be the start of another ABC up, 12345 down. We've seen it several times already since we hit $828.97 on May 6, 2018. If it is the start of an ABC, then the C wave may take the price to $475-$480 before a 12345 takes it down to $400 or lower.

I’m no expert and this isn’t financial advice

#eth #cryptocurrency #elliottwave #technicalanalysis
6 years ago in #ethereum by
$0.00
    1 vote
    Reply 3
    Sort:  
  • Trending
    • [-]
     6 years ago 

    To the question in your title, my Magic 8-Ball says:

    My sources say no
    Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

    $0.00
      Reply
      [-]
       6 years ago 

      Congratulations @chrisberry! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

      Award for the number of posts published

      Click on the badge to view your Board of Honor.
      If you no longer want to receive notifications, reply to this comment with the word STOP

      Do not miss the last post from @steemitboard!

      Participate in the SteemitBoard World Cup Contest!
      Collect World Cup badges and win free SBD
      Support the Gold Sponsors of the contest: @good-karma and @lukestokes

      Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

      $0.00
        Reply

        Coin Marketplace

        STEEM 0.18
        TRX 0.16
        JST 0.029
        BTC 76114.36
        ETH 2937.56
        USDT 1.00
        SBD 2.64