This assumption was mainly based on the Theory.
Now the idea of selling Ethereum got confirmed by the trend indicator: "Crossing of moving averages." The Crossing occurred on Monday and today the price returned to the slow moving average from below. This is an ideal moment to open a short position.
MAcross on the was in the purchase since November, with a price of about $ 300. Now it’s January and the price is $ 1090. + 263% in two months.
Two previous corrective waves were ignored by this indicator technically and it remained in the purchase.
Ethereum looks much stronger than Bitcoin , but the correction seems close.
Recommendation: open positions for sale with a target of $ 500- $ 700
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