DrJLT
Short

ETH H&S + Bear flag confirmed, crash to 300 & lower

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Haven't been watching ETH, but after a week of fake-news-driven relief, ETH is coming down again.

H&S confirmed almost 10 days ago. I couldn't understand why so many people were buying into the obviously fake news.

Bear flag broke down target 330.

H&S target 270.
Comment: 20D penetrating 200D now.
Comment: very bearish outlook for ETH. because many icos are cashing out, there's simply no bottom in sight
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