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Binaryless
Mar 11, 2019 8:42 AM

ETH/USD & BTC/USD (2015) Fractal Play - Part 4 Short

Ethereum / U. S. DollarKraken

Description

- Ethereum feels like Bitcoin in 2015.
- Testing $100 again feels more likely than clearing $170.
- This fractal assumes bottom is in. Even if its not in, its a short play.

Trade closed manually

- *Everybody* expects a V bottom.
- We might be seeing an Ascending Bottom.
- I read yesterdays massive wicks as bullish.

Yesterdays downwards move should have gained more momentum if bears were in control. I would at least expect to see price to touch ~$120 but it got gobbled up pretty quickly.

Closed my short / looking for a long entry.
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