AndreasS
Short

A quick 6.5% short on ETHXBT

KRAKEN:ETHXBT   ETHXBT
ETH is about to bearishly cross the MACD and become undersold on the RSI . Decent support has been found at 2750 so I expect an ideal shorting opporutinity to happen at 2799 up until 2630, making a nice 6,42%. The slight pullback to 2799 is not guaranteed to happen but, looking at ETH's past and the current status, I do consider it likely.
Trade closed: target reached: Ethereum behaved exactly as expected, only earlier. I should consider drawing horizontal lines instead of the graph itself.
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