Ethereum is about to dump upon us! Knee jerk move lower on automatic stops will create a false break before moving higher again. Leave low bids to catch the falling knife.
Just two simple line for Ethereum. Although I would like to believe that this support line is strong and a good entry point (to add), I do believe strongly in false breaks. So we might see a strong jerk lower by the end of the week before we can finally go higher again...
BTC/USD still in bear grip. Watch for false break of long term support. Leave low bids on your favourite exchange to catch the dump and sweep the blood in the street before market turns. Target 12k after that.
