ETH $2600 target still holds Short move in progress!

As I previously posted, ETH's bullish momentum weakness is still present. Price will continue to drop as bearish momentum takes over and we have to wait and see where it stops. Most likely where it will reach is the $2600 zone. It's possible to go much lower as well and to retest the bottom of the triangle. Overall short position is safest. Please keep in mind that I'm overall bullish on crypto. I'm referring to very short term trades.

Trade chiuso: obiettivo raggiunto:

Target reached and waiting for price structure to develop before determining the next direction. To be determined tomorrow.