Khiwe

ETH/USD In A Bearish 240 Slope

Short
BITSTAMP:ETHUSD   Ethereum
On Daily time frame, Ethereum has been weakening against the dollar making a LH at 240.00

My Analysis on this pair.

I see a bears forming a trend but it's not established clearly yet, - I relying on the 0.786 Fib will say price has limited strength to grow, and if bearish codes show then I will look to sell it for 139.85, in my view.

I do not provide a signaling service so those Fibonacci levels may help guide TP; and maybe one day I will provide a TA coaching program ;)
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