mfibbs

Ethereum Bearish Scenario!! Just an update!!!

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BITSTAMP:ETHUSD   Ethereum

Whats up traders? I have published many charts this week for Ethereum because I find it interesting that there are so many ways this can go in the short term. I am overall bullish in the medium term and I do believe that we will head to $300-$350, however the question is when and how can we capitalize on this trade? All I keep seeing are symmetrical triangle ideas to the upside, including myself with that idea. I also have an idea that we should retrace lower but the charts haven't been showing me that lately. My goal is to nail my entry points by laddering my buys so I can get the best entry price. I also don't want to get caught like a deer in the headlights. Here is a chart that shows us dipping lower than everyone is expecting. This is a bearish view and not a crystal ball. Remember, it's just an idea and not financial advice. Trade cautiously! Peace and love.

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