asgcorp
Short

ETH USD DAILY CHART REVIEW - MASSIVE BEAR FLAG

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
RECOMMENDED STRATEGY
SHORT SELL FROM 270-280
TARGET IS 120
RIGHT NOW IS A SAFE LONG
BUT BIGGER PICTURE - VERY BEARISH!

BULLISH (PREVIOUS SETUP) SHORT-TERM ONLY.
SCALE INTO SHORTS @ 270-280.

THIS WILL DUMP BIG TIME SOON.
How confident are you about the bounce to 270-280? I doubt the bottom channel will hold, and it will drop in the next day here.
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asgcorp subodhmbahl
@subodhmbahl, no dump until late Friday into Saturday.
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asgcorp subodhmbahl
@subodhmbahl, this is not a channel. this is a bear flag setup.
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