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moonhov
May 29, 2018 4:00 PM

The Flippening? 

Ethereum / BitcoinBitfinex

Description

I was going to update my ethereum count(I'll link the old chart in the comments. My average was $515.08 because of laddering) but I think ETH/BTC is the most important chart to keep in mind right now. Eth looks to rip after putting in a 1-2 1-2 1-2. I've seen some calling a triangle here but I'm leaning towards a completed 5 waves in June of last year so we are putting in wave 2 which can't have a triangle (unless it's part of a complex correction). Anyway, tons of upside here if it works out. This last move up looks pretty impulsive but keep in mind we trade probabilities and measure risk/reward. Play the trade and keep in mind that we could still see 0.042

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