Bounce in ETH/USD ETHUSD in progress -- watch the resistance zone as it could turn down for one more low
About 14 hours ago, I wrote that a bounce in ETH/USD is expected.
https://steemit.com/cryptocurrency/@phisight/a-bounce-in-eth-usd-coming-is-the-correction-over-is-the-question
And a bounce we did get!
What next?
Its too early to be confident that the correction is over -- watch the resistance zone as noted in the chart below. Failure to breakout of this zone to the upside means one more trip lower is possible, ideally towards 550.
Here is the chart from the last post for comparison:
Another good call
Can you please post XVG and XRP counts when possible