Highly probable Ethereum has topped. Looking for a collapse back to AT LEAST $500 region. See you there!
Note
The picture may be clearer in arithmetic scale.Note
Here is a similar top call I made for Bitcoin back in April.
Note
And I first called the top back in March.
Note
A little TA - Price seems to have topped between log based fib confluence of the 1.382 projection from 2018 top-bottom, and 2.618 5th wave extension taken from the 3 pivots of primary wave 1 and 2. I estimate at least a 0.5 ($595) - 0.618 ($372) fib retracement as a reasonable target, however if BTC retraces back to 0.618, expect ETH to go further.Note
If you like what I've been doing here so far, a LIKE is appreciated and will get more views.Note
I shorted Bitcoin top at $58K and $63K and now I've shorted Ethereum top at $4150. All on record.Note
Ethereum is about to implode. Are you ready?Note
When it rains, it pours.Note
ETH just hit first support and ducked under $$2. I'm taking some shorts off the table and will consider to stagger back in.Trade closed: target reached
I'm 100% out. Its been a great trade. Will consider to re-enter around BTC / ETH resistances and fibs.
Your FA guru can't read a chart💭
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
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.