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jcvillones
Dec 23, 2017 1:03 PM

my analysis ETH/USD Short

Ether / United States DollarCoinbase

Description

I believe ETHUSD will retest again 38.2 or 50% fibo support. and it should hold to that level.
last level will be 61.8fibo. if it closes below 61.8 fibo(daily timeframe), expect the trend to reverse.

reason:
1.MACD signal to sell
2. candle forming lower high
3. low volume
4. RSI starting to move low.
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