This is exactly where ETH will bottom!!!Traders,
This is not a post to start the bears on a name calling rampage. This post is not to get validation from the bulls. This is simply my opinion based on a few different technical theories. Yes, we had another push down, now everyone is saying..... "See, I have been telling you that we are going to $14k and nobody listened, you all cussed me out and now look at you!" "$10k is on its way, just like I have said from bitcoins top at 70k, I am right always because I am the Chart God's son, Ben Liquidated.... f0ll0w me on P@treon for $9783264238976423897 a day. I have never been wrong!".
The fact of the matter is, we have had one Black Swan event after another and you can't chart that. You can do your best to apply your technical analysis which works as well as your average win/loss ratio should tell you from your trading journal.... YOU DO HAVE A TRADING JOURNAL CORRECT?? Yet, sure, you may have called the drop, or the pop and can fell vindicated when the price hits your analysis prediction but, the simple fact is we all have our good calls and our bad ones, some more good than others but, a lot of traders are just starting this journey and opposed to ridiculing them for an opinion based on the TA they know up until this point... give them some sound knowledge, send them a link to a nice educational post on here that could help them grow as a trader. Because at the end of the day, what you scream is wrong in their idea of where the price action will go could end up being right even if they got there the wrong way.
Bottom line, yes, I do believe this is the bottom, I do have TA to back my thoughts up but, this post is to remind everyone on here that this is a community to help people grow as a trader. Not just with the tools that the Dev's have created for us but, also the community they have built and we all provide. So let this be an educational post on ethics and etiquette to be the best person you can be and be helpful. Nobody likes a keyboard warrior nor a d bag. I know that I could be wrong but, the main point of technical analysis is to give you a plan and if it doesn't work in the way you looked forward to, then you have another plan based on it not working out to protect your capital, simple as that.
With all of that said, lets discuss what you think about my bottom prediction and what you think could happen from here forward. I will post my TA in the comments after we get a discussion going.
I look forward to hearing your analysis!
Savvy