ETH is showing weakness, H&S in the making, target 825

18 בפבר׳ 2018

ETH is showing an identical picture as Bitcoin, slightly weaker though, It has dropped out clearly of it's bearish flag (rising wedge). A drop to that green line is almost a certainty. It it drops below the $900 than it triggers a H&S wich has a target around the 825

21 בפבר׳ 2018

הערה

Textbook pullback to the neckline again around 900,

21 בפבר׳ 2018

הערה

I have closed half at 840

22 בפבר׳ 2018

הערה

Target reached and even went further, i still have the remaing short position. I am using the green area as a stop now. Because if Bitcoin drops towards the 8500, ETH could drop to 700 and maybe even the 600 again