[BTFD] ETH/USD - Trade Analysis 6th Nov 2017

ETH/USD Bitfinex opening with a down gap below the developing trend and 200 SMA on both Daily and 4H Timeframes.

Potentially more sideways price action today, coiling inside of the triangle for a breakout.

Levels to watch:

Fib 0.5% level: $272

Psychological level: $300

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orginal article post: https://cryptotradersclub.smartmember.com/ETHUSD-Trade-Analysis-6th-Nov-2017

Chart credit: @tomtom87