ETH/USD testing support. Prediction: Short ETH

10 ก.ค. 2017

ETH/USD is forming a candle that seems to be right at the base of the bearish ichimoku cloud. Short positions should have already been entered when the base line crossed the conversion on 26/6/2017. For those who have not yet gone short, they should do so if the red 1 day candle goes below the ichimoku cloud.
For the ETH/BTC chart, the same pattern is playing out, however, the short position should have been entered earlier. ETH/BTC has been on a very clear downward trend, with lower lows on the pitchfork top line. :

Prediction: short ETH/USD or ETH/USD if the price drops below the 1 day clouds.