rexlomax

Final big short for ETH

Short
rexlomax Updated   
POLONIEX:ETHBTC   Ethereum / Bitcoin
We are heading towards 200 EMA line, that is a fact!
Time is the only problem here, we may hit there next week or
We can do boring sideways and take more time before we hit target, this could lead to red line and channel getting broken then trade is compromise, so stop loss is 1760-18 or 100 EMA
TARGET IS 0.0112-0.012
Thanks for watching.
Comment:
If we don't dip below 0.016 in the upcoming 48Hrs, then all shorts should be canceled.
This has been consolidating for too much time.
Look out for a breakout above 0.0174.
Trade closed: stop reached:
DAO news is giving FOMO in the market this could be a good short opportunity or breaking downtrend.
I wouldn't recommend shorting yet, we have entered 4Hr cloud.
This could extend to 0.0185

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