On our last trade, ETH was shorted. It went down from 0.00555 to 0.00500, and met strong support there. support (red line) was tested, but not broken. Stop loss was triggered.
On our next trade, we will be looking whether ETH can break cloud up or down. I will only be trading short, if the cloud breaks down. I believe that the cloud will provide a resistance (green line) and is a good entry point for short.
If short is on, the target will be 0.00550, as it has been a key point in deciding up/down move on our previous trade and it served as both good zone.
That is, if Kraken gets rid of the DDoS they are now receiving.