Nope. It's heading back up to the $240 level. Support at $200 was too strong.
RE: ETH/USD update
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ETH/USD update
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well, we've bounced quite strongly off the 34WMA and have cleared the $240 level. i've got $257 on bitfinex and $260 on Gdax. Are we strong enough to steady the course up at this level?
BTW, Srezz - thanks again man. You nailed this dip. You need to list your addresses for LTC and ETH. I owe you, bro!
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Truth is we don't know. Support was great at 200 and bounce was equally great. But you never know that creates an equally large profit taking opportunity. Think about it whales won't hold all of sudden they take large profits. 60 dollar increase a coin is hell of a profit when you bought 500+ eth. So we will find out. I expect one more profit taking dump and then steady rise.
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