ETH/USD | It's Potential to Mimic BTC/USD's downward movement

It's too early to tell how ETH/USD will move this week. However, using the daily chart as reference along with fibonacci retracement, I would lean on having a bearish approach.

If I would short this, solid stop loss must be implemented at 1,286 and/or 1,295 if one feels that adding an allowance would be a benefit.

Note:

PlusCoin ($PLC) - A decentralized cashback platform on the Ethereum blockchain.
https://pluscoin.io/