Short

ETHBTC a huge bear trend

Updated

The ETHBTC pair is really bearish. The trend is obvious here. The first red box would be my area for a short. The second red box is an important Resistance. It is outside of the falling wedge yet, so I would only use this area to long back if and only if it breaks and closes above.

Important price to watch:

0.0225 (1st resistance)
0.0250 (2nd resistance)

Note

Since last week, ETH reacted well and bounced at the level I expected and is heading to 0.0223 levels.

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Note

FrenchRandomGuy

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