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TheTrex
Jun 12, 2018 8:27 PM

Ethereum - Bearish (SHORT) Short

Ethereum / U.S. dollarBitstamp

Description

It broke below Elliot wave support of uptrend wave II, should retest lower trendline now or Fibonacci Extension targets. 420-450 USD

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Comment

ETH USD has broken 420 and doesnt look too bouncy, could head for 330-350 USD

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ETH back to 270-295!
Comments
InvestingScope
Interesing view. Here's our perspective:

TheTrex
@InvestingScope, Looks good! :)
TheTrex
@InvestingScope, Although how did you come up with the second channel width?
420snoop
great chart
majorlee
came right down, i thought 420/30 would be good bounce, might come down to the early lows of 2018 what do you think?
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