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FX_Professor
May 27, 2022 2:47 PM

ETHEREUM - Not Looking Good..at all Short

BITSTAMP:ETHUSD2D
Ethereum / U.S. dollarBitstamp

Description

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Short on Ethereum again for very valid reasons.

Our last post was 'Do or Dive' and what happened is the second..Dive:


The key rebound never happened, after we had been short for 6 monthsL


Finally one of our greatest posts, at the right time:


Why?
4 main reasons:
Too many competitors.. (
)
Too expensive gas fees
Too many expectations
Reality check of inflation

Bitcoin can go sideways while teh rest can drop..until Bitcoin then rises.

One Love,

the FXPROFESSOR
Trend AnalysisChart PatternsFundamental AnalysisETHEthereum (Cryptocurrency)
Comments
terrybit123
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what's up with all those silly little arrows. it's a head and shoulder top with a neck line break downside target of $1000. see you there
FX_Professor
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@terrybit123 silly arrows helped me choose direction and trade every single time. Not sure what you want here 😂
Solldy
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Honestly, I do not agree with this idea. I think it does not consider the last news in the market. Did you consider news when writing the idea?
FX_Professor
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@Solldy what news??
FX_Professor
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@Solldy you keep asking the same stupid questions just to make the Tradingview algorithm help you while you spam... Get lost ffs
Oacen
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i agree with professor but for those who didnt open short position early now its too risky
VincePrince
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Interesting view.
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