visioncrypto

Exit Signal

Short
BITSTAMP:ETHUSD   Ethereum
As the trading pattern was in a pretty tight channel, I also chose a tight MA ratio of 1:10. This would have given a really nice point to exit right before the storm. Always remember MA's are the most basic but also the most solid point of reference. In the future, as others have pointed out, the correction could point closer towards a 50-200 day MA (which could bring ETH to below $3000 levels). Unfortunately I was not watching and had only held 0.5 ethereum and sold off in the morning lol. In this time I'm hoping for a bigger overall correction to get in on the crypto's I'm really interested in. Not sure how long this correction will last but I sense there will be many new people to the table in the next phase!
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