Bitcoin/Ethereum analysis 07/08/2017
As analysed before, Bitcoin/Ethereum was poised to test at least previous low at least 50% fibonacci retracement to end wave C. Price reacted in this level so I'm looking to convert some of my bitcoin holdings to Ethereum. A better buying opportunity will if price goes even lower and tests 61.8% at 0.08250. if so, I'm looking to add to the position.
Chart:
Please check my previous post:
https://steemit.com/cryptocurrency/@ctyptouniverse/bitcoin-ethereum-elliott-wave-analysis-jul-01-2017
Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. It should not be regarded as investment/trading advice.
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