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MaximilianGe
Dec 6, 2018 2:00 PM

ETH suicide long  Long

Ethereum / DollarBitfinex

Description

Sentiment is bearish AF. Falling wedge possible. Support around 90$. Wouldnt be suprised if this goes down further but RR is too good IMO.

Comment

Forgot that this market can only go in one direction. Soon till liquidation.. If it happens I will probably try again at 50
Comments
TheCryptAlpha
suicide should be in bold capital letters
EladJPrimo
Crypto's way is only down!! why wont you accept this fact already .. All trying to sound smart
MaximilianGe
@EladJPrimo, For sure the future of crypto is very uncertain. But this ups and downs also happend in the past and until today bitcoin always recovered and if we believe the news more legacy finance player will enter the space sooner or later. While I dont know what the future brings I think its also not smart that this will go down for sure.. Otherwise you can simply short it too zero and get rich
DylanTirto
Don't try to catch the flying knife. If you do, put a tight SL. Look at the big arse bear flag too. Goodluck!
WealthHustler
4x Within January???
MaximilianGe
@WealthHustler, It was more an illustration, I have no time target.. everything is possible in my opinion as the price was 200$ one month ago..
MaximilianGe
I am not an expert but before the big bull run the price consolidated around that area. So maybe we can find some support there
mackelby
I have had my eyes on 85. What do you see that makes you think 50. Learning to see patterns.
MaximilianGe
@mackelby, where did I say 50? :D But yeah 50$ would be the next area of interest..
mackelby
@MaximilianGe, Must have more than one screen open at a time. I am home recovering from surgery. Maybe those awful pain meds are affecting me more than i realize. Maybe I should i should stay away from keypad for a few days. Sorry!
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