Delchoni
Short

ETH bearish scenario

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
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This is the most possible case IMO . However this is NOT A FINANCIAL ADVICE I'll short ETH. We are currently not in a bull market!!! Yeah 80$ is cheap for ETH, but it was 10$ when I started mining 2 years ago... Until the price hits the 50 dollar mark I'll remain being bearish .
On the chart above I've suggested that 80$ is the final point, however, I think that after hitting that level the price will go sideways but eventually it will bleed to 50$.
I'll continue to upload charts with updates every day of ETHUSD and BTCUSD .
why do you pick 50?
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@Dormat, Take a look at the price action during March-April 2017.
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Dormat Delchoni
@danchodraganov99, thank you for the reply!
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