LiquidMEX

ETHUSD GREAT SHORT, INCOMING SUPPORTS/TARGETS

Short
BITFINEX:ETHUSD   Ethereum
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KEY POINTS for ETHUSD/CHART DURATION 1 DAY
1. KEY SUPPORT - low 90's to 105
2. RSI/1DAY - 0.6 = Extremely oversold
3. MACD/1DAY - 16.6 = BEARISH CROSSOVER

OVERALL
Good entry approaching to SHORT ETHUSD i see the Strongest support in the 100 dollar range. If we break that all hell will break loose and the 50 dollar range would be the following support. Personally i believe we will see this hold on the $50 support potential bounce though i just don't know what will push the price of Ethereum back up....

Entry - 129-140
Position - SHORT
Leverage - 3x
Target's Below
1. 110
2. 95
3. 53

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