khun
Short

ETH Looking Toppish

KRAKEN:ETHXBT   ETHXBT
Open short upon another full retard spike up to 2840-2870 area or breakdown of 2615 on the 4h.

Target: 2320-2360

Happy Tarding!
Comment: Bull-Bear-Weekly added...
Comment: Hourly & Possible Bullflag added
Comment: Updated Hourly (fakeout, or...) added
Comment: Updated 4h (still toppish) added
Comment: Daily (confirming top?) added
Comment: Updated 4h & Adjusted Target added
Looking at the Weekly, we get a proper bear-bull mix... While it is very bearish that it opened below the red circle, it proposes further room to the upside up to 2950-3050. We´ll see... Therefore, do not short, yet. Only upon a definite breakdown of 2600 or upon another spike up...

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Beware, the possible bullfalg forming... A breakup might easily form the expected spike into the 2840-2870 area.

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Proper fakeout, or.... New hourly sub 2670 would make the fake very likely... Otherwise, spike up expected.

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The 4h remains toppish in any case...

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Daily seems to be confirming the top here...

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Target area hit, shorts opened... Adjusted target to close: 2460-2500.

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ehhhh not so fast ... i think we could get past .030 ...
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Eh not so fast, i think we can get past .030
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we're back into a technical path that could give us a good spike here
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told ya
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What a fancy chart...
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While Short closed in profit, the target is canceled. First and foremost, due to a significant increase in the risk of a proper BTC dump being imminent...

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