If ether doesnt recover in 30-60 minutes, it may head down to continue the downward trend and form a channel. This is largely dependent on how bitcoin turns out
This was a BS move, all BITFINEX based, BitFin shorts crushing ETH for no reason. Someone big got stopped out in a BTC trade, only plausible explanation. BitFinex trading $5 to $8 cheaper then market. Something stinks and it's BitFin traders. Go find them on Reddit - you will see.
akshayvip
⋅
depends on Bitcoin. They both will head in same direction. Expect a big move in 3-9 hours
jvick717
⋅
think it's still heading down?
akshayvip
⋅
@jvick717, depends on Bitcoin. They both will head in same direction. Expect a big move in 3-9 hours
mightytrader
⋅
I'm praying the whole market has another correction. It's too out of control. Prices need to come down so I can buy them cheaper and make $$$ =D