IDK13

ETH Constantinople Hard Fork Short strategy

Short
BITFINEX:ETHUSD   Ethereum
So tomorrow ETH Constantinople Hard Fork is happening which should increase market volatility as usually it happens during most of the major forks. Currently in 4h chart ETH is in ascending triangle which suggests for continuation of a drop if it breaks the line. Since Bitcoin had a big leg down recently, and it is expected to have another one - the market sentiment is bearish again. I will be looking to catch quick 10% scalp trade if I see that volatility increases. Moreover, if BTC would have another leg down, I believe ETH would have bigger drop than majority of the coins and could drop to about $100 area where is another major resistance.
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