sammc

Will we bottom out at $500 or $400 ETH/USD?

Short
sammc Updated   
BITFINEX:ETHUSD   Ethereum
Looks like we're back into the downwards channel after another failed breakout,

My opinion is we're likely to go down further and reach $500 or $400 before the next upturn, depending on whether the buyers are happy to pay $500 or $400 will determine where we bottom out

I'm gonna buy when we've properly confirmed a breakout from the downwards channel and some secretive moving averages crossover.
Comment:
Looks like I was right about that big drop. Let’s see if we level out at 500 or 400 now.
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