Shortterm Short on ETHBTC - Fib. Speed Resistance and Triangle

٢٥ أبريل ٢٠١٧

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.

٢٥ أبريل ٢٠١٧

ملاحظة

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