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Short

ETH will keep going down.

POLONIEX:ETHBTC   Ethereum / Bitcoin
279 1 10
The bounce seems to be over with a perfect touch to the first fib level.
Also, by now it formed a great bear flag , which suggests another leg down, roughly around the same hight.
That would be around 0.020-0.025
Comment: Well, the NYtimes news kinda messed up this prediction.
Bounce went up to a higher fib level.

But it seems the hype is over now and as soon as the descending triangle at top resolves, downwards movement will continue.

Target also has changed imo, I have my eyes on 0.021 now.
what's your outlook now
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