Despite attempts to gain value, Ethereum continue to dive and could lose value even more. As long as the price remains within the falling channel formation, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lowerside and should break below 190.00. If this is the case, then further decline is expect towards 100.00. We’ll only consider a long position upon a break above the upper trendline. According to the chart above, only a break above 296.10 will attract a long position.

We’re short

!Attention!

All bonus participates in drawdown!

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