poplach

ETH short term analysis

Short
poplach Updated   
BITSTAMP:ETHUSD   Ethereum
ETH/USDT did exactly how I was expecting in my previous analysis.

It did bounce from its support but as we know ETH is very weak, so it keeps dropping.

I expect it to go sideways a little bit and then retest $3500 zone. We'll see how it holds.

Anyway I expect this week candle to close RED, I'm very bearish on ETH/USDT.

And as usual - please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
Comment:
The leg up was exactly the way described in the idea. However we'll see how it reacts on $3950 support before going lower.
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