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UnknownUnicorn1000353
Nov 3, 2019 6:08 AM

ETHBTC - Looks weak Short

Ether / BitcoinCoinbase

Description

I predict a drop to around 0.01820. May start scaling in there.

Not guaranteeing anything, but that support level doesn't seem too strong.

My past prediction was correct however I did expect it to reach 0.024 in a more powerful way.

A revisit to 0.01820 seems next stop.

Comment

Please be warned, I am losing confidence in this idea.

Comment

Just know if it breaks that blue boxed support, I think it will get to 0.01820 and probably not much worse.

Trade closed manually

Not too confident here, just know if it breaks support, having limit buys at around 0.0182 seems reasonable.

There is a chance of "missing the train", but oh well, I will not be holding ethereum when alts reverse.
Comments
table001
Berlin upgrade postponed til June 2020.
They chose this timing because from 1 January until 1 May we will be in full BTC halving rally,
In this period all alts will loose a lot compared to BTC.
I think ETH may go as low as 0.01 because nobody will hold alts during BTC rally.
So I believe right now is best to hold BTC until 21 days before halving date, then change to ETH.
BTC will make a drop of 40% in favor of alts, but specially in favor of ETH which will have upgrade coming.
BTC may drop also lower until 1 January to as low as 5500$, if that happens I will buy some more.
Right now I have only BTC which I intend to HODL because the next 2 months are very unpredictable.
ETH has lost the timing for a rise compared to bitcoin, but I am not a gambler to go short nor long, the market is too manipulated.
Good luck.
UnknownUnicorn1000353
@table001, It's very hard to believe a 0.01 ethbtc target
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