ETH is still bumping against the 62% retracement of the summer sell off. Now trading below it's 21 MA. A close below it today would likely cause prices to accelerate towards the 2700 area. I'm holding my short with stop @ a close above the 62% retracement. AB=CD target still in play (See related chart analysis from a few weeks ago)
Trade closed: stop reached:
Fib. Ret. breached. Take the loss and move on
