ETHUSD-SELL strategy

Ethereum / U.S. dollar BITSTAMP:ETHUSD

peterbokma

Using GOLD for showing correlation for the ETH movement. We are right now very correlated @ 0.90 and this suggest we should see pressure further on ETHUSD . Likely we will move towards a test of $ 1,750 before we may see some pause.

The overall view is we will decline further to $ 1,250 in the medium-term.

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