Opportunity for a short-trade. Breakdown support (175 to 160)

Overall trend of ETH is down so we're trading with the trend on this one.
Opportunity for quick profit (€175 down to €160)
There's support at 160, however if that doesn't hold, I would recommend opening a few more short orders at 160.

This is a high-probability trade, but remember to put your stoploss (€182)
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian