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veryevilone
Sep 17, 2016 7:59 AM

Possible Ethereum Short Short

Ethereum / BitcoinKraken

Description

Hi there. I was just thinking about this short. Why not? Risk reward seems ok.

Comment

I moved the entry further up than i usually like but thats because ETH shorts has rekted me in the past :) I only want to short if i can get close to the best possible entry i can imagine. Have a good day.

Order cancelled

Based on the feedback and further analasys i have decided not to do the trade. Sorry.
Comments
eniewold
DevCon2 start monday, there might be news that will push the price some further upwards. I expect corrections afterward blockchain week...
zippy1day
Will certainly applaud you if you short and get it right at this level. I think we have a bit further to go and my Target is 0.0286 simply because there will probably be some window dressing here and we been languishing down here for too long!
veryevilone
There is also this Bull Flag on the 4H so maybe i shouldnt.
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