yurisnsd
Short

Short 0.033-0.034 with a tight stop and a 0.02-0.018 target.

POLONIEX:ETHBTC   Ethereum / Bitcoin
179 3 4
ETH looks like it's gone up too far too fast.

If this does become a double top and a bubble pop then 0.018 is a reasonable target.

If it breaks 0.035 on the upside then I'm wrong and all bets are off. Keep in mind that LTC looked toppy             at $12 back in the day after consolidating at $3 but boy was it wrong to short that one there - it ended up topping at $55. I am betting on ETH not doing that any time soon but keep that in mind if it does break to the upside.
But there are cases like this in which ETH traders are trying to run that H&S down, so I feel if BTC continues down now ETH will freeze to avoid more up.
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But in case the 5th wave (according EW) is an extension, then this will go for sure to 0.015, Let's wait for the making of the next 3 waves down if not going up now.
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20cny or 19cny as min. for me. This definitely depends on BTC behaviour.
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