BTC seems poised to regain a bit of ground, The rejection last night of the bullish pennant (1hr chart) is good news for shorts... especially if you were holding a short over night.
See a pattern here? The Bullish pennant/flag produce a decisive break last night, but I exited my short anyway as it was too large a position to leave overnight. The third circle is my new entry shorting ETH. It may still pop up once more before resuming down... or it may head upward - no guarantees as you well know.
Just my two cents. Thoughts?
2:45pm MST - Coinbase adds support for ETH sales
#ethereum #bitcoin #trading