Short 💥 End of Bullrun - Bulls Lose Their Life Savings
"Take profit or lose it all."
🔴 KEY POINTS: - Momentum pushed Price Action to Resistance Line (red line on the chart) - Double Resistance: Here, the Resistance Line coincides with a Historic Resistance Area from historic tops (red area/zone on the chart) - Next Support Zone (green area/zone on chart) is 1k below the current price
So, our AI thinks that ETH will crash to 1.7k.
Comment
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The idea's still valid. The Price respects our resistances. See our newest RELATED IDEA: "Short 🩸 Blood Bat Drinks Bull Blood"
Trade active
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Bitcoin Price Action hit resistance with volume and activated our trade: Side: Short Pair: ETH/USDT Target Price: 1.7k Stop Loss: 4k Entry Price: 3k - 3.5k Leverage: x10
Seriously? 1800 ETH got burned in last few hours. This is ultra sound money !! Lot of TA here has no clue about London hard fork.
Elysian_Mind
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@urbanlits, BTC will crash, and it'll drag down ETH, too.
Mr_scalper_
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I think u hate crypto 😏
Elysian_Mind
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@Mr_scalper_, Your hate makes you a powerful trader.
XanaduRising
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Would you buy BTC at $2800 if you had the chance?
I was there when BTC was trading at $2800 and with the London hard fork, ETH is now a deflationary store of value as well as a platform for all sorts of worldbuilding.
Elysian_Mind
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@XanaduRising, It's a store of value until hackers take it with RATs and dump it on the markets.
I've never bought any Bitcoin or Ethereum.
All cryptocurrencies I have, I've "earned" them one way or another, and sooner or later, I'll sell all.