GDAX Pattern Changing - May See Small Correction Soon

in #ethereum • 7 years ago

Purpose

Just want to put a small post out since I'm currently watching a pattern I talked about in my post from last night / this morning seems like it is in its final stretch for now. Keep in mind that this is not investment advice, and only you are responsible for the trades you make.

You can see how a large resistance has been met and we have not continued to grow consistently like we have in the last couple days. I see this as a sign of retracement, probably down to the 210s. If it drops below 215, we could see it fall to sub 200s again.

There is still a good possibility that things will perk right back up, so I'm just watching for now.

Consider leaving a like or even resteem if you found this helpful! If you're really crazy, my MEW address is 0x5B13430b6D2E327DFCDB93D7430FC6e9a2E63E74. Please leave comments below about what content you'd like to see in the future!

#trading #cryptocurrency #gdax
7 years ago in #ethereum by
$0.00
    4 votes
    Reply 2
    Sort:  
  • Trending
    • [-]
     7 years ago 

    What's been the effects of OkCoin and Huobi listing $ETH?

    [-]
     7 years ago 

    I think it kept the price above $210. Without the news, I believe that we would've seen a double peak around $210-215 and it would've corrected down to $180s again. Now, I'm expecting more sideways movement, maybe some $10-15 drops until new announcements.

    Coin Marketplace

    STEEM 0.18
    TRX 0.16
    JST 0.030
    BTC 66984.34
    ETH 2607.28
    USDT 1.00
    SBD 2.66