ETH/BTC short after new ATH and volume record

アップデート済
Bearish Divergence on 4 hour
MACD MA Crossover on 3 hour, soon to cross over on 4 hour


We have hit a new ATH -2.98% (not counting the highs made during the first few days ETH was listed). We also had record volume today, and it is unlikely that volume can sustain these levels.
If we can close candles on a long time frame below the upward channel, the sell signal is confirmed.


Supply and demand zones are marked on the chart. I believe that we will retrace off of the 0.5 fib level to hit the 0.236 fib level before the final descent to the demand zone .

Will TP when the 0.5 fib is tested at 0.03063, and reenter another short at 0.03458. Will enter long at the demand zone .
ノート
Another possibility
スナップショット
ノート
The above LONG scenario is if BTC continues to fall, as it currently is.
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We are still short - BTC back on the rise.. Let er rip :D
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Back to long, will post a new long chart when we hit the top.
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a new short** chart

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