ETHBTC potential short

18 мая 2018 г.

Failing to break above the 38% Fib suggests the previous leg up from the 100% was just a retracement and not a reversal. We've also go the 21 day SMA crossing under the 89 day SMA which is a decent sell signal (61% of the time when backtested) and the RSI still has some room to fall.

Not expecting a large move down, target would be around .081, stop would be around .084.