ETH short term downtrend continuation

١٦ يناير ٢٠١٩

In coorelation to BTC, LTC, XRP and XLM, there is a significant downtrend. As shown on the chart, the two continuation candles show selling pressure. The two candles also bounced at support/resistance lines, which made them important.
In addition, there is a descending triangle looking to break downwards. Targets are indicated by the yellow arrows.