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EconRuminations

ETH Still BEARISH, $2,600 Next

Short
Ethereum (BITSTAMP:ETHUSD)  
EconRuminations Updated   
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Chart Patterns Technical Indicators ETH Ethereum (Cryptocurrency) crypto trading
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trendanalysis chartpattern indicator eth ethereum crypto trading
This is just a pullback in the short term. Longer term head and shoulders broke down and this is just a retest and retrace.

Great entry for short. Great time to sell if you got caught in the previous break.

IMO Next time to be interested in long starts around $2,600.
Trade closed: target reached:
Target has been reached but new support level appears to be 2,200 after a violation. Riding this short out.

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