ETHUSD - Looks like we're going lower to around $180-200

Last night we broke the uptrend line and the volume is very low.

Seems like we are bound to test the next long-term uptrend line between $180-200.

Something significant must happen to reverse the bearish trend.

Comment:

So, we had a low of $185 tonight and still holding. Red line still untouched, so it doesn't feel like it should reverse yet, although you might still have a short bull run to $220s before dropping a bit further and consolidating the correction. Or I could just be wrong. Not a trader.

Comment:

Going well so far

Comment:

Brief update.
We need to break the downtrend resistance.
May test $190 again.