Ill be making a short position on ethereum which targets the .618 fib @$731 and a stop @ 990, this is just a fun short because i rarely short. (May get absolutely torn apart in this one)
Comment:
My ETH short is still open
I think we are heading towards $788 and if that support doesn't hold, we will be correcting further to $720. Of course if we turn around before hitting support i'm expecting a move up above $900+.
Trade closed: target reached:
My target of $731 got filled nicely another 20% here. :D