CoinDog

2017-06-13 ETH/USD long or short?

COINBASE:ETHUSD   Ethereum / Dollar
322 4 7
Long or short? maybe cryptomarket corrects a bit more..
Kommentar: Breakout of the flag, Long Signal maybe?
Kommentar: not convinced yet, maybe it will fall again to about 353$ and create a bigger flag, i actually expect a further corretion of Bitcoin, so that could tare this down as well..
Kommentar: more about 360$ maybe
I feel like downtrend is likely due to MACD in downturn among most longer time frames.
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Looks like a breakout to the upside to me. Thumbs up!
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ETH spiked due to the Bancor ICO. Same reason all the ALT coins went down along with BTC. People needed ETH to buy Bancor.
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CoinDog krackajackfoo
@krackajackfoo, thanks for the info!
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