victorko

ETHEREUM LOOKING WEAK - IDEAL SHORT

Short
victorko Updated   
BITFINEX:ETHUSD   Ethereum
Ethereum is looking weak on the chart. Declining volume and no interest in the altcoin. Bitcoin is also looking like it could tumble also. The technicals paint a weak picture with RSI, ROC and MACD all looking bearish. ETH/BTC pair is in steep decline indicating Ether is weak compared to Bitcoin. I think Bitcoin and Ether will fall together from here. Ether has broken its up trendline, could plummet at any moment. Look to sell short on Ether.
Trade active:
Ethereum is moving lower. It broke the trendline and has dropped suddenly. It is not too late to short. It is hovering around 186 now. On any strength, short it.
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