ETH: a small re-bounce around 125, but the trend is still down

12 Oca 2019

The price is forming a short term bottom, which should be foreseen as the price reached fib 0.5 retracement level at 125. but in the big picture , the down trend is very manifestly clear.
I would add more short position once the price reached 130-135 zoom.

note: the price tick is from Bitmex.