khun
Short

Couldn´t Help It...

KRAKEN:XBTEUR   XBTEUR
... but decided to short XBTEUR (which I usually do not recommend or do myself) instead of ETHXBT             . While Ethereum certainly has some serious issues, Bert looks even worse ( esp             . fundamentally) making the ETHXBT             pair a pretty much unpredictable venture.

The blue horizontal lines mark possible targets.

Happy Dumping.
Comment: The hourly nicely shows that it faces pretty much unbreakable resistance here...

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Comment: Time to say goodbye & bon voyage! It was a fun time, Bert... but... you suck.

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Comment: Major fakeout just manifested on the daily... That should get intersting now.

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Comment: Not so much on the 4h with adjusted line though... Let´s see.
Comment:
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Trade closed manually: Closed that short break-even... It´s useless. Should have sticked to my principle to stay away from all Bert trading.
Comment: Bert failing after all...

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Comment: Shit´s about to dump hard.

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Comment: Dialy. Consecutive failure to break resistance.

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Comment: chART... Bertcode - New Bitcoin #killerapp

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Comment: Bertard possibly forming a crashing wheelchair pattern here...

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Comment: Even more obv on the weekly.

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Comment: Further dumpage imminent...

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Comment: Bert still looking very bertish... Sorry, bearish I mean.

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Comment: Bit zoomed out for better view...

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Comment: The usual XBTEUR 15m meshup ;)

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Comment: Bert kinda "forked off"...

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Comment: Looking rly rekt by now.

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Comment: Zoomed in.

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Comment: lolz. can´t get neough of those 15m candles :D

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Comment: Hands down, the deeper one digs, the worse it gets. Bert seems hopelessly lost. period!

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Comment: (Black) circle of DED identified... - Bull Over -

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Hmmmm. Not so much on the 4h with adjusted line... Let´s see.

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Reply
Hilarious chart, gave me a good laugh with the crashing wheel chair pattern. I agree on bert's future though, the halving was probably bad for bitcoin as fees from transactions eventually making up for the cuts in mining rewards just doesn't add up and the loss of revenue will drive miners away.
Reply
khun sambo
Cheers, m8. ;) Any fully agreed to your take on things...
Reply
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