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khun
Jul 10, 2016 12:19 AM

Further ETH Rise Denied  Short

Ethereum / BitcoinKraken

Description

Not looking very bullish any longer. Although Bert aint not at convincing either, ETH kinda failed to convince that there is more room up. Small short opened.

Target: 1460-1490

Happy Tarding!

Comment

Interesting... Double bullflaggin now, or wot is this? :D Closed that small short again for now. Waiting for clear signal.

Comment

Well, on the hourly we have another breakup it seems. More confirmation neede though.

Comment

Comment

4h confirmation is in. Short is canceled, long opened...

Comment

Gawd... ETH approaching very critical level here. What will it be? Bottom or deth!?

Comment

Initial target got confirmed... 4h dropped below crucial support.

Order cancelled

Closed that short again... And opened the first XBTEUR short since months. Bert looks just way too rekt making a ETHXBT short an unpredictable venture.

Comments
captrade
no idea whats going to happen dude

336 mastertrader777
2016-07-09 04:28:02 +777 To everyone LONG in eth. You will be ok in about 2-3 days.
336 mastertrader777
2016-07-09 04:27:00 ETH will continue up as it has been since the .0141 bottom up

do you belive him?
khun
Well, as you can see my sentiment just changed after the pretty weak bullish performance ETH did offer after the breakup yesterday.
But now I am pretty much undecided. Waiting for a clear signal now to open another trade. I tnd towards a long again though.
khun
Especially, since I do not trust that BTC chart at all. It looks pretty rekt imo, ready to dump hard.
khun
Hier mein XBTEUR chart...

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