ETHUSD has been trading within the $400 and EUR 400 zone. Indicators show that it is not ready for a breakout. The indicators do not show much strength at the moment.
If we refer to Wyckoff accumulation analysis, it could touch the $400 area again before a forceful rally to break above the EUR 400 area.
@gmaximus, coinbase always much higher. you can sell there but buy elsewhere
Lamaxiz
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@DrJLT, yes ive done it several times, buy low and transfer to coinbase to sell much much higher. but in this case, it popped above the double flat top which on Coinbase looked like a step up, not 2 flat tops. Strange.
DrJLT
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@gmaximus, I tihnk maybe because gdax / coinbase only have 3 coins. when people get out of btc, they tend to buy ltc or eth. ltc already up 50%, so they buy eth. maybe this is enough to push eth above the zone. however, I think there's no momentum in this type of fakeout.