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SamAlMaqsud
Mar 27, 2018 3:26 AM

Bull Trap - Crypto Heading Down Town ETH-BTC-LTC-NEO Short

Ethereum / DollarBitfinex

Description

i really dont want this to happen but my analysis tell me it will continue to drop further due to Easter holidays is just around the Corner, another big reason is big investors are unloading, mama whales are showing to the traders that its making double bottom, testing previous support, 90% of Traders will buy at this level, guess who would sell at this point ? " Mama Whales" yes they sell every thing they have.
Once they have finished selling all, we will see a massive drop in the history of Crypto, ETH back to $300 range, BTC back to 5000k range, LTC back to $70-80 range and all minors will follow accordingly.
i would say its the biggest bull trap ever in the history of Crypto.
i hope i am wrong as i have invested heavily in LTC and ETH.

Comments
Jazz-man
Agreed. When the death cross happens btc will fall and bottom out to the next trend line around 1800. Altcoins will follow. Eth 165. ltc, 35. Bitcoin adoption has failed, google search fell 60%, market cap diminished. Transaction Energy cost too high. Buy back after the daily 200ma crosses the 50ma back. Wounds take time to heal. 2014 repeat.
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