If you look at my previous ideas, you will see I'm completly bearish on the market at the moment.
BTC whales are currently shorting the market to make it crash. I think a good time to get back in the market will be when BTC stabilize between 4200$ - 3400$.
Till then, altcoins will bleed to freaking death. EOS is my top pick to short. I predict the EOSBTC ratio will stabilize at around 0.00055. This would mean a price between 2.5-4$ per EOS.
Furthermore, EOSUSDLONGS are extremely inflated which will only put fuel on the fire.
Game on
BTC whales are currently shorting the market to make it crash. I think a good time to get back in the market will be when BTC stabilize between 4200$ - 3400$.
Till then, altcoins will bleed to freaking death. EOS is my top pick to short. I predict the EOSBTC ratio will stabilize at around 0.00055. This would mean a price between 2.5-4$ per EOS.
Furthermore, EOSUSDLONGS are extremely inflated which will only put fuel on the fire.
Game on
Note
Still on track for the first targetNote
I consider the first target (0.00094) has been reached, probably going to correct back to 0.0015.Note
Small bump but really nothing happened there.EOS is getting rekt
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.