Ethereum: how low can you go? We look to Sell a break of 2649 (stop at 2701)
Short Term - We look to Sell a break of 26.32 (stop at 29.92)
Trades with a bearish descending triangle formation. We look to set shorts in early trade for a further test of the fragile looking support. The bias is still for lower levels and we look for any gains to be limited. The medium term bias remains bearish .
Our profit targets will be 18.18 and 16.10
Resistance: 40.00 / 50.00 / 60.00
Support: 27.00 / 20.00 / 15.00
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