ETH Death Cross

Hello traders,
Today is Memorial Day and ETH so I am going to keep this initial post short and sweet and will most likely update it in the coming week.

-ETH has had a 100/200 MA death cross for the first time in its history ( at least on bitfinex)

- The last time the 100/200 MA crossed on ETH we had a massive bull run, will the dead cross lead to an equally devastating bear mauling?

-Eth has also broken local support and is very near to breaking a much larger long term support (I will follow up on this in the comments)

My humble targets--- 450 USD, 250 USD, 100 USD.

Hope you all have a wonderful day!

Red Boar

Komentarz:

A little bit closer look at the daily for ETH

Komentarz:

ETH weekly view.

Komentarz:

We are Quickly approaching our first target at $450! Let's see if we can hit target two at $250!

Good luck!

Red Boar

Komentarz:

ETH continues is death spiral to oblivion, 450 didnt give us much of a problem now 250 up next! I won't be trading it because the liquidity is too low in BTC much less a shit coin like ETH and I would never put a penny on finex LOL when they collapse it will be bad. Anyways, just a little up date :)

Komentarz:

you know what? F it, next dead cat bounce the markets get i am going to start building and ETH short....I know i said the market wasn't liquid enough for me but I can't resist...I ADMIT IT GUYS, I am fomoing. :)

Komentarz:

This is crazy! ETH is down over 20 percent since my last update!! WHY did i not short it into oblivion!?!? Well I was waiting on a ded cat bounce but ETH is weaker than even I thought! Gosh, this was such a golden oppurtunity annnnnd It's gone. But I am trying not to panic and keep things in perspective, ETH is probably going to like 10 USD so I have PLENTY of time. whew...ok just breathe and stay calm....here is my update

Komentarz:

Target 2 @250 usd hit

150 then 100 next targets

Komentarz:

Well guys our 100 USD target has been hit...that means we have officially hit ALL three of our targets from MAY, what a ride it has been. If you listened to my advice adn were able to get out back in may it means you save A WHOLE LOT of money. Send me a DM for a tip address if you feel so inclined. :)

All the best