Gh0stfac3

My first analysis - Critique if you wish.

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
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First off this is not financial advice.


I notice a slight breach in the most recent downtrend line and a head and shoulders forming, which can bring us up to 900ish and back down for a bounce up to breach the main downtrend line.
Comment: ****** A D D I T I O N A L ******

I don't believe the full correction is over. I believe it needs to retest 600 to find support.

It can happen now but it should happen eventualy.
Comment: DISREGARD the "FULL BULLISH TREND"

But I foresee decent short trading opportunities.
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