ETH seems to like the downside

21 thg 6, 2018

Ethereum is on a bigger timeframe downtrend. At the moment it is getting rejected by a fibo 50% and a trendline. If it does nit make a big moove up and break the zone and the trendline it looks like a really nice short position. Im expecting the price to reach 454.4 or maybe eaven 378.8.
Be patient wait for the pair to be clearly rejected and make a bigger downmoove before entering the sell position.