...I think so. With ETHUSD
getting rocked pretty hard yesterday with the GDAX Flash Crash, it would be safe to say some investors have pulled to the sidelines and are still licking their wounds. With that said, I could see ETHUSD
retesting 350ish over the next or so and from their it gets dicey once again. This is why I'm currently looking at LTCUSD
. Those recently kicked in the teeth by ETHUSD
, may be looking to shift their capital elsewhere.
Taking a look at a 15min, 30min, Hourly and 4 Hour charts, they hall have bullish
Squeezes. This is in conjunction with price coming towards the end of a Bullish Wedge
. I'm looking for price to retest it's recent $50 high.