Mihai_Iacob

Ethereum- I remain bearish in spite of recent growth

Short
COINBASE:ETHUSD   Ethereum
In my Monday's comment, I said that I expect 4k to fall for the simple reason that is too obvious, and it did, Eth dropping afterward to 3675.
Now the coin is reversing and so far there are no reasons for optimism
I expect 4k zone to be well defended by sellers and I expect continuation to the downside in the coming days.
Only EthUsd back above 4.2k would change my bearish opinion and for the time being my target remains around 3.5k

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