ETH Looking to establish new lows


Trading Ideas


ETH Looking to establish new lows
Ethereum / Dollar BITFINEX:ETHUSD

6/13- ETH/USD 4 Hr charts

ETH has been a great short these past 4 days as it is down nearly 25% in that timespan

Ethereum found some brief support earlier today and bounced off $450 levels

$450 is the next floor to break en route to new lows (red text box)

Price is currently at $475 USD

Ceiling above around $501

If this bounce carries into $490 and up im looking for another rejection as it nears the $500 levels

Going with downtrend still here, fun times

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