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Scandem1
Apr 24, 2018 2:59 PM

Ethereum Correction - How To Play It  Short

Ethereum / DollarBitfinex

Description

Ethereum overdue a correction here after great bullish move. Expecting it to retrace to these confluxing areas of support and fib levels. Worth noting that this retracement may also play out more shallow as bullish sentiment begins to creep back into the market.

Comment

NOTE : We could also see this price rise to the 720-730 region as RSI approaches the horizontal resistance at approx. 82.
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