ETH/USD Bitfinex opening with a down gap below the developing trend and 200 SMA on both Daily and 4H Timeframes.
Potentially more sideways price action today, coiling inside of the triangle for a breakout.
Levels to watch:
Fib 0.5% level: $272
Psychological level: $300
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orginal article post: https://cryptotradersclub.smartmember.com/ETHUSD-Trade-Analysis-6th-Nov-2017
Chart credit: @tomtom87
