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

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

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.

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!