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DanielTongEOS

ETH is in good shape, predictable up-trend, but very weak

Short
Ethereum (KRAKEN:ETHUSD)  
DanielTongEOS Updated   
KRAKEN:ETHUSD   Ethereum
Trend Analysis Chart Patterns Ethereum (Cryptocurrency)
3
0
trendanalysis chartpattern ethereum
ETH is a pretty good triangle up-trend region, the up jump is predictable in past week, but the jump is very weak, so I decided to short it at 145, but the progress takes sometime. Be patient everyone !
Comment:
Now, the price back to 141-142, which shows a positive trend. However, the increase rate is very low, not a strong signal for buy in. Possible reason is the trading volume and potential pressure at 145 - 150. We will wait to see, but I still insist short it.
Comment:
I am only using less than 5% of total to short it. Holding price is less than 100. You can see a clear up & down niddle, so it is the moment of short and long battle, we will wait to see who is the winner, and making decisions later.
Comment:
!!!!!!!!!! wa !!!!!!!!!!! To the Moon !!!!!!!!!!! change to long !!!!!!!!!!!!
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