letsgetit

ETHUSD: Beware Ppl, Don't get Wreck

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Hi All,

Pay attention to the Chart Ppl

ETHUSD has been pumping for fundamental reasons, i.e., Fork.
We however, have been in a bear market now for well over one year and their maybe more to come.
A Fork for an increase in transactional throughput to 2x-50x for ETHUSD Is not a catalyst for the amount of pump this Coin has seen this past 20 days. Unless BTC bottom, we should all view this for what it really is and that's a pump and dump.

I write this hoping someone see what is on the chart, because this is by no means an opinion.
And for that reason, fully aware I could be wrong. Keep in mind the trend is your friend until it's not.
Only then should our stances change. This is by no means financial advise, nor I’m I telling anyone to short.
All I am asking you all to do is to look at the chart without any Biases or Opinions. Let's be subjective.

Being a trader means knowing when to say okay, I am going to sit on the sideline and await confirmation.
It Doesn't meanChasing a rabbit i.e. Chasing trades.
It is perfectly okay not to trade If the chart is showing us Neutral.
I have been on the sideline now for a while.
If you believe in ETH Don't trade just DCA and accumulate your possession.

Hope this help someone out there....
Totally agree. It is going to dump harder, just like BCH. It will be a great short.
Reply
@DocAMG,
Sure, certainly would be a great short.
You would think other traders would learn, but No.
So, I don't blame them. They too are only trying to make ends meet.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out