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Monday, April 4, 2016

ETH - .0271 btc - April 4th, 2016 (6:12 AM)

ALERT
(market moving day?)

Today's ETHEREUM Price .0271
Buy Support 11.0K BTC (10.5)
24 Hour ETH Volume 6.0K BTC (5.8)
# Available For Trade 683K (683)
24 Hour Range .0270 - .0278 (.0271-.0279)
(all figures from Poloniex) (yesterday)


Once again... between the 6-7 AM hour on the East Coast in America there is large action at Poloniex on ETH. Indeed as you can see at the top of today's data... I've flagged today as having a higher probability of a strong market move based on the continued lower volatility and volume.... and the tendency of the market to make strong moves after that pattern. The question of course is ....is it a strong move higher or lower? 

The ETH fiat tether market is 11.35 at 6:25 AM.

As this update is happening... the dip down on Poloniex has continued.... breaching the .0270 for the first time in days. The trend could be being set up as I type.

Today's predictions - Once again... it appears that the .0268 has held perhaps ..... from here it could well be up from today's lows... 24 hour predicted range.. (.0264 - 0276) most trading around .0270 today. (.0250's more likely than .0280's)
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Grade of yesterday's Predictions - B
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