As I mentioned earlier today ether was looking like a buy at 223. I added to my position. We would need a close above 283 to confirm the move up otherwise we will retest 220 and may be even 180.
Slight reading: https://www.theguardian.com/technology/2017/jul/01/cryptocurrencies-mainstream-finance-bitcoin-ethereum
Its interesting that ETH is tracing a large triangle on the Daily chart.
This led me to believe that it might break down into a secondary leg after the major decline, but it does indeed seem to be winding in to an apex.
This suggests a level around ~275 for the apex and it will take a few days to get there before I'd wager a trade on an eventual breakout.
Glad you included a chart, a lot of people don't for some reason.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit