yurisnsd

yurisnsd

BTC is short-term in a pretty clear descending trend-channel. It's time to go from buying dips and avoid selling rallies to selling all attempts up from the secret descending channel and no-no buying too much on dips to the lower bounds. The beatings will keep on coming until morale improves.

yurisnsd

ETH looks like it's gone up too far too fast. If this does become a double top and a bubble pop then 0.018 is a reasonable target. If it breaks 0.035 on the upside then I'm wrong and all bets are off. Keep in mind that LTC looked toppy at $12 back in the day after consolidating at $3 but boy was it wrong to short that one there - it ended up topping at $55. I...

yurisnsd

My personal opinion is that this triangle seems more and more likely to break down. Shorting attempts to break 420 with a $10 stop seems like alright r/r when first target is 395 and final target 340.