Similar to Bitcoin, there is a longer-timeframe trendline that could pose useful if it holds. Hold tight stops as continued pessimism on the stability how of crypto could play fundamental part of our everyday lives.
Expect GDAX refunds and news on expanded uses to be positive. Expect expansion of alternatives and further crypto-saturation to be negative.
Expect GDAX refunds and news on expanded uses to be positive. Expect expansion of alternatives and further crypto-saturation to be negative.
Note
First test passed, but a few levels of resistance left. Scalp up or short-targets for the brave.
Note
Similar to bitcoin, we would have needed to close above the descending trend line. Today might be the bounce though. Would still short below 199. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.