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RE: ETH/USD Elliott Wave Analysis

in #cryptocurrency7 years ago (edited)

@srezz - Do you have access to order book data from any of the exchange sites? I use Gemini for trading ETH and BTC and noticed that someone had a placed a $4M order for ETH at $190 the other day when it last bottomed there. Only a small potion of the order filled (during the height of ETH volume), but it sure seemed to send a clear signal that the price would hold there.

If you can access historical orders, it would be interesting to see if similar orders were placed on other exchanges. Regardless, seeing that made me feel relatively confident that $190 would be a pretty strong bottom.

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