Lanmar

Ethereum shows major signs of weakness

Short
BITFINEX:ETHUSD   Ethereum
Bad sign. Watch BTC in the mid to low 7000s before ether may recover. Ether is likely to underperform BTC. I have no plans to short any crypto. I am looking at buying dips if/when btc hits my low 7000 target.

Good luck all.

Full disclosure: I am still long some alts (mostly icos I haven't sold and a few core positions) but all tradeable crypto is in usd (75% of crypto allocation in portfolio).
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