chocobit

ETH/BTC - bounce scenario

chocobit Updated   
KRAKEN:ETHBTC   Ethereum / Bitcoin
ETH is not the best alts index, it's way too high now for that.

Overall bearish on ETH, this is another scenario with a higher trend which might bounce. I still except a further correction, my strategy will be to long that bounce to hedge my short - see other idea.
Trade closed: stop reached:
bounce was weak, support not holding
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