triFX

Ethereum and the bearish market

Short
BITFINEX:ETHUSD   Ethereum
As the golden standart (BTC) still in bearish mode, all the altcoins even Ethereum are following the trend.

ETHUSD hadn't touched the bottom, as inmediatly people started buying it.

Be careful with this weekend. I expect another bottom (and hope the last one), as the bulls started fighting again.

I have published a buying zone, a selling zone, and a prediction of the next movements.As the cripto market doesn't works as the normal one, I will start using more parabolic charts, because the jumps up and downside are more than a normal trending line and breaking fast fibbonaccis.

Ethereum is one of my fav. coins, so just bear in mind next months.....


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