Ethereum
Short
Updated

ETHUSD [REVISED - PART 2] - 30% Cyclical Short Trade?

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Previously I posted a revision to the ETH short trade, but we had limited information to trade with so it was tricky:
ETHUSD [REVISED] - 30% Cyclical Short Trade? Final Swan Dive


Now the range is clearly defined. Currently we are sitting at a shorting level with price action trading near the confines of the overall weekly trend. We can short the market around this level or wait for confirmation at $100. There is also a perpendicular line in the middle of the range, but that is a no-trade zone (between fibo .382 and .618).
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FYI: altcoin market trend contiunation should start tomorrow
charts.cointrader.pro/snapshot/yK86B
Note
ETH longs/shorts are 5:1! We are at resistance now.. watch for breakdown
snapshot
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snapshot

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