You sell rallies in a bear market. Just that simple. I'm short from 96.05. Check out my twitter to see that.
I'm expecting bitcoin to fall to about $1,000 in the coming months. I'm guessing ETH falls to about $30 ish dollars based on the percents. No reason whatsoever to think this bear market is over or that this rally is significant. Shit is still bearish.
-YoungShkreli
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Lowering stop to 97. Now in very low risk trade.
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Stop now 95.70 . Locking in small profit.
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Stop hit - small profit. Will look to short. No need to fomo in this bear market. I let the trades come to me.
Agree. Because everyone is hyped for the moon. AKA, short. AKA, that's what the banks and government want to happen
RageGear
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agreed ...dead cat bounce and another squeeze down for a total capitulation
CantorTechnologies
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@RageGear, I'm expecting $30 ETH by end of q1 2019. Hoping I can ride this trade down there. I doubt it though. Not that lucky - trading is damn near impossible.
laminebou
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good
Karonte
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what if change of trend?
CantorTechnologies
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@Karonte, won't know until we start going considerably higher. Even then, I'm only convinced when it can get above the 200 MA and bitcoin has bottomed. Looking for a low NVT ratio in bitcoin.
Karonte
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@youngshkreli, yeah.. sure when everything already happened.... too little too late....