Short

ETHUSD ETHBTC My thoughts on the direction of ETH

By TheHazeFactory

Updated

If you look at my last idea, you can see where this idea originates. I think it will break the current resistance at ~45 and continue up to the ~$48-50 resistance mark. I will be selling shares around then because I feel it may go back down to what would be the ~$45 support (or even lower) to finish off the head and shoulders pattern. What do you think?

Note

Just adjusted the parallel channel to match up with tops, lets see what happens!

snapshot

Note

Adjusted the parallel channel.

snapshot

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