KnowledgeAndProfits

ETH Bearish As BTC Drops

Short
BITSTAMP:ETHUSD   Ethereum
ETH still appears to be bearish in my view. I would monitor the daily down close candle below where current price is.
If we trade through that then expect to see a rapid sell off to $2160 as the first objective.

BTC still hasn't convinced my that it's bearish. In fact - there is a lot of people talking about BTC is to go higher due to what's happen in Russia. Public sentiment is bullish - I think it would be a nice time to drop price while mainstream money starts to buy.

Drop a comment and share your thoughts.

I'm sitting on my hands & capital waiting for a hard sell off. I'm not rushing to invest, the market isn't running away so why chase it?

- Maradona Capital

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