Shortterm Short on ETHBTC - Fib. Speed Resistance and Triangle

25 באפר׳ 2017

We have clearly fallen lower into the next Fib. Speed Resistance section. Downward asym triangle is pushing us down further. Shortterm target of .0385. longterm of .0355. Tight stop on downward orange line.

25 באפר׳ 2017

הערה

Also supported by recent uptrend on BTCUSD. BTCUSD and ETHBTC are negatively correlated.