ETHUSD short opprotunity

ETHUSD has found support around the $515 range with 3 bounces from that range. Since Ethereum is looking really weak on larger time frames, I think we will see a break of this level followed by another move down. I take short positions on bitmex and will be looking to enter a position if this support breaks. BTC pairings are almost entirely dictated by USD pairings right now so when USD value drops, so will BTC.

No fancy TA needed, if this support falls, expect a move down.