caguillen214

$293 Target following BTC ABC Correction

Short
BITSTAMP:ETHUSD   Ethereum
After breaking out of the pennant we were stopped $315 resistance. I believe we are headed downwards to $293 instead of my initial target of $335.

I included the path to $335 in my chart because I believe we can still hit it IF BTC is able to break through $4650 referenced in my newest BTC post in which case I believe it may reach ~$5000. Otherwise the downward pull of BTC will likely bring down ETH and other coins with it.

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