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ethhunter
Dec 24, 2018 12:51 PM

ETH correction  Short

Ethereum / DollarBitfinex

Description

Correction inbound

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Previous analysis

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I'm not shorting, i opened long at 83$ and now close all position at 152$
We can keep going .. but the more we go up the deeper the correction. just keep that in mind

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Dec 8 someone posted this on my chart just about when i had accumulating

"You’re not adapting your analysis to market conditions. It’s a lot easier and costs much less to short bitcoin now, so of course the overall amount will increase. You’ll die an old man waiting for the “squeeze”."

I still find this post hilarious :-)

My principle is easy: technicals have 50% value in this market, fundamentals has 0% (Wait until markets get wiped, then you will see fundamentals matter). Don't get caught in the pipe dream for a quick buck. Don't even listen to me and DYOD ;)

Let me pick your brain with this one



Now - Enjoy christmas <3

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Ups, ment to link this one :)

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I keep refining my ideas and there is like 20% luck 50% technical and 30% deep TA.

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about the divergence

Trade closed: target reached

Theoretical Re open if line breaks
Comments
ro.goudreau
Rekt.
ethhunter
@Ro.goudreau, hows so ?
ethhunter
@Ro.goudreau <3
ciba66
No chance
ethhunter
@novakd1, :) possible but "not a chance" is not possible :-)
ethhunter
@novakd1 Don't take my word for it, its possible it can keep going, but im out of this trade. I'm not shorting but all im saying it will most likely make a correctional wave any time soon.
Here is previous analysis

SatoshiHeavy
drawing your divergence wrong
ethhunter
@SatoshiHeavy, I know, it has not diverged yet, it will soon. it's a predictive analysis not a technical :)
SatoshiHeavy
@ethhunter, no the tops you took were wrong lol
ethhunter
@SatoshiHeavy, Look @ update :) Sry i have a fever (38,5C since frday)
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