Mihai_Iacob

Ethereum- I'm selling above 1500

Short
BITSTAMP:ETHUSD   Ethereum
Although I was bullish since the beginning of the year, I also said that I don't think it will last and, as a lot were calling, this is the "start of a new bull run".
Indeed, after a high of around 1700, Ethereum consolidated with a base at 1500 and, last week dropped under this important figure.
At the time of writing is trading at 1475 and I'm preparing to sell rallies and possible spikes above 1500.
My target is 1250 and negation comes with sustained buying power above 1600.


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