Xzhi

Ethereum drop possible (ETHUSD)

Short
BITMEX:ETHUSD   ETHUSD Perpetual Futures Contract
Low chance of reaching target.

Unlikely trade. Maybe if someone could push the market down...

Fun fact: Many were close to being liquidated here, so they had to cover. Pump caused big wick, allowing more short fills before move down. Enough liquidity down there for many to get mostly out, but still price memory at this price. Hoping it can push ethereum down some more.

Trade active:
Trade closed: target reached:

Comments

Hello Xzi, long time no see.
if you look at BTC there is a big cup and handle and the bottom of that handle is 8400
So if 8400 holds we will seen a pump to 11015 and ethereum will go faster up
So i think the bottom for eth is 212, related to what BTC does.

Greetings hans
+1 Reply
Xzhi Allec
@Allec,

Hey! Thanks for commenting. It is definitely a possibility.
Reply
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