Mihai_Iacob

Eth has reached my sell zone

Short
Mihai_Iacob Updated   
BITSTAMP:ETHUSD   Ethereum
As I expected, EthUsd had (in my opinion) a corrective jump after the steep losses.
Now is trading above 2300, which represents my sell zone.
As I said before, I expect a new leg down from Ethereum and a new challenge of 2k support
A consistent break above 2.4k would negate my scenario but, as a speculator, I would take a 1:3 R:R trade any time of the day
Trade closed: stop reached

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