Couldn´t Help It... for KRAKEN:XBTEUR by khun

Couldn´t Help It...

... but decided to short XBTEUR (which I usually do not recommend or do myself) instead of ETHXBT. While Ethereum certainly has some serious issues, Bert looks even worse (esp. fundamentally) making the ETHXBT pair a pretty much unpredictable venture.

The blue horizontal lines mark possible targets.

Happy Dumping.

Note

The hourly nicely shows that it faces pretty much unbreakable resistance here...

Note

Time to say goodbye & bon voyage! It was a fun time, Bert... but... you suck.

Note

Major fakeout just manifested on the daily... That should get intersting now.

Note

Not so much on the 4h with adjusted line though... Let´s see.

Note

s3.amazonaws.com/tradingview/snapshots/d/DTIBzryD.png

Trade closed manually

Closed that short break-even... It´s useless. Should have sticked to my principle to stay away from all Bert trading.

Note

Bert failing after all...

Note

Shit´s about to dump hard.

Note

Dialy. Consecutive failure to break resistance.

Note

chART... Bertcode - New Bitcoin #killerapp

Note

Bertard possibly forming a crashing wheelchair pattern here...

Note

Even more obv on the weekly.

Note

Further dumpage imminent...

Note

Bert still looking very bertish... Sorry, bearish I mean.

Note

Bit zoomed out for better view...

Note

The usual XBTEUR 15m meshup ;)

Note

Bert kinda "forked off"...

Note

Looking rly rekt by now.

Note

Zoomed in.

Note

lolz. can´t get neough of those 15m candles :D

Note

Hands down, the deeper one digs, the worse it gets. Bert seems hopelessly lost. period!

Note

(Black) circle of DED identified... - Bull Over -

khun

Also on:

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.