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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