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JJFF21
Sep 10, 2018 2:18 PM

ETH Bearish and Accelerating. Even Vitalik is Bear.. Short

Ethereum / DollarBitfinex

Description

No more lambo for ETH hodlers says Vitalik. Chart analysis said it long time ago but Vitalik is a well-known Guru for crypto hodlers. I see a technical short term retracement and an accelerated decline, probably the last one before a long and boring accumulation period. Target 1 and highly probable are fibonacci extension . Entry is 0.38 Fibo Retracement, you could enter here with a short stop (If you get a timing signal of course). Other entries could be the 0.618 even if i don't see a retracement this large.

Happy trading and good luck to all.
Comments
nickhalden1
Nice chart bro! I've also seen Dude's analysis on ETH that I really loved. You should check it out and see what you think!



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