silvermerlion

Shorting the ETH if it go below up trend line

BITSTAMP:ETHUSD   Ethereum
This have been a bullish week, and ETH ATH is in the making again and again. It is approaching 3000USD too.
My idea is actually come from the GPU price and it is currently extremely out of stock in the part of the Asia (Singapore and the rest).
Which totally like 2017, when everyone tryin to set up their mining with GPU and with newest Nvidia product.
Hence, the crash could come soon.

If I am right, just as it crash downward crossing the up trendline to confirm the crash, we can easily catch the support in the last uptrend line as in the chart.

Cheers, happy trading.

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