brombeer1208

ETH Down Trend

Short
brombeer1208 Updated   
BITFINEX:ETHUSD   Ethereum
Hi Guys please provide me with some feedback, I am still a learning trader and inputs would be great.

To me ETH is still in a down trend as the LH and LL have not been broken and I would think that the Bears are still strong despite the push of the bulls for this week, in the next week or two I see us returning to the $160 mark before the Bulls step in again.

Thanks for the feedback.
Comment:
Well this is just updating my thoughts on the movement, the Bulls have tried several times to break out but they just dont seem to have the strength to punch it thru, The Bears are still ruling and I believe that there will be a downward break in the next couple of days.
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