I expect ETH to pull back from its all time highs around 234. The bullishness this thing has experienced in the past month has been so fast that it's becoming less and less sustainable. I'm looking to get in around the 110-120 range again.
I'm not one to spread fear, uncertainty, and doubt in the stock market, but if this isn't a bubble in the crypto space, I don't know what is. I've taken my profits and am waiting to re-enter the market.
Failed to see the possible reversal on my last trade. Covered short for a loss. Setup here looks like a potential breakout in the 588 level. Higher lows + the 2 touches of resistance are the enticing factor here.