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ertetris
May 7, 2018 1:38 AM

ETH-USD Broke Wedge Structure - Headed down 

Ethereum / U. S. DollarKraken

Description

As you can see from the picture, I would expect ETH to find resistance around 740, then keep heading down, or bouncing back up into structure

Comment

ETH broke 740 resistance, and continued to 700.
We can now see a double bottom, as sign of possible reversal, especially if it breaks above the 740 resistance.
Potential long gains if it breaks above 740

Trade closed manually

My first chart, I did not provide a target price.
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