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emotionallydetached

ETH/USD Idea - Short with a tight stop (I don't see it holding)

Short
Ethereum (BITTREX:ETHUSD)  
emotionallydetached Updated   
BITTREX:ETHUSD   Ethereum
Support and Resistance ETHUSD ethusdshort Ethereum (Cryptocurrency)
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supportandresistance ethusd ethusdshort ethereum
Looking at ETH/USD I am not sure about this support level. I feel more downside is likely and the next level down provides a more convincing spot to build a base of support.

I would be tempted to short with a tight stop at this juncture.
Comment:
INVALIDATION

Relief rally went to the resistance and invalidated this idea.
Comment:
I was correct on this one, just not on the timing.
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