rexlomax
Short

ETH can die now

POLONIEX:ETHBTC   Ethereum / Bitcoin
The hard fork was a success.
i've been hearing a lot of people saying that if the hard fork succeeded then that was gonna be ultra bullish and all of that.
Well guess what, the chart says we go down now.
Huge bear Div             , plus around 200Million dollars worth of ETH just got back in the market and that creates pressure on the selling.
Also there is an Harmonic Three Drive bearish pattern .
Stop loss at the moment is 0.0203 or a little above the cloud resistance
Entry anything above or close to 0.019
Be safe
Comment: We're close to stop, beware.
Trade closed: stop reached: Coinbase adds support to buy ETHEREUM...
Comment: After the coinbase trap this was perfectly on spot
If we pass 0.0203 will it hit 0.0220?
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rexlomax phreakage
even 0.023 is a possibility but, it's going to have a lot of swings and trapping
Reply
Care to draw your Harmonic Three Drive bearish pattern?
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