ETH bubble popped for now
We saw a big whale exit yesterday on polo. The dump was so huge that it caused panic across all exchanges.
It´s time to seek a good entry to short.
Next Milestones will be Metropolis and Raiden network
Metropolis release was forecasted to be in arround 3-6 weeks (usually devs are never in time)
Raiden network should be released soon.
This is how i think it may play out.
It´s time to seek a good entry to short.
Next Milestones will be Metropolis and Raiden network
Metropolis release was forecasted to be in arround 3-6 weeks (usually devs are never in time)
Raiden network should be released soon.
This is how i think it may play out.
Note
3-6 MONTHS not weeks! sorryNote
also check this trendline for a potential ABC correction
Note
i shorted ETH with a small position. This are my entries for bigger shorts
It is easy to put tight stops on top where we will have heavy resistance
Note
so far acting as expectedNote
0.032 could be a support bounce for taking partial profit. if it retraces short the next top. if this support breaks we go to 0.029-0.028Note
etherscan.io/chart/hashrate next week sub 0.03
Note
this range of sideways is dangerous for shorting. Better close positions now, because ETH could go up from here.
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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.