Here is a perfect short oppertunity for ETH, since we have formed a wonderful pattern within the retracements, ETH is to be expected to soar lower to ultimate target 100% projection and its 50% retracement level on the 4 hourly. We expect therefore a target around 860. This pattern is formed due the double top forming from the 38.2% towards its 14.6% and 9% level. We shorted ETH from its 14.6% however, I was a bit late, I do still believe entering this transaction will benefit. Risk reward from current level is around 1.12. Stops are set above the 0% level, wich is obvious! .