Bears wanted to get into the market with a STATEMENT!
The gains of 5 days WIPED OUT in just a couple hours!
And TECHNICALLY we're still into an uptrend.
Monthly support at 300. Now we have a major resistance around 400 and an intermediate around 372, the correction started apparently and ETH will still keep owing us a new ALL TIME HIGH.
2 hr chart show the selloff retreating from 180EMA , long term average, let's see how far the bears can take the ETH today! But some thing is sure, the bears are commanding right now!
Prices: CEX.IO (Orange line COINBASE)
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