Ethereum looking weak here against Bitcoin. A strong sign the trend has changed.
Trade active
In consideration of Bitcoin potential triangle reversal and SOW just above (if you've been following my Wyckoff thread you'll know what that this), I'm staggering into a short here.
Not advice
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Hodlers cackling "you'll never see 3K again" and in the blink of an eye, looking like they may be right, just not from a bullish perspective. If BTC is in a coiling reversal, good chance you won't see a 3K ETH again for years.
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Price coiling. Price will probably take a breather before heading lower. Please do not think that this triangle shape has to play out exactly - fractals can lead to more fractals, its just to show the coil.
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ETH is done right here. Price is $2900
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Not advice.
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Apologies I was unable to post my exit yesterday following a discussion with one of the websites many Garlicoin billionaires - who disagreed with one of my ideas. I'm making a group it seems. PM me and you won't miss a thing.
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