balanar_NS

ETH analysis

Short
COINBASE:ETHUSD   Ethereum
Do you believe in patterns?

ETH seems to be following the footsteps of BTC. The 2 downward parallel lines act as the support and resistance once the lower highs and the lower lows have been connected.
If this is right, then it would hit around the $350 dollars area before it goes back up to hit the resistance again. I will seize this opportunity to short sell in a counter-trend.
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