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Anonymous
CALM DOWN: The bottom for ETH is near 2017-07-16 03:56:09 Post No.
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CALM DOWN: The bottom for ETH is near 2017-07-16 03:56:09 Post No.
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Been using this fractal for a while, finally going to publish it. Both of these structure moves have ~70% retraces with Ethereum's being bigger. Historically Crypto doesn't do more than 80% on it's pumps and dumps before they bottom out. Even ripple, the king of the mega retrace, only does about 70% or so. Dash, 72% dump. etc. etc.
What I like is how this is a falling market, slowly quickening into euphoria with the dumps and the slope of the bleed becoming steeper and steeper. I like this setup. I don't like the lack of capitulation volume .
Either way, it's at a mighty discount. Load up the bags. Target is the $220-250 range.
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>>2798844
Hmmmm
Perhaps
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>>2798844
>leaf reading
MACD is the only real shit, and it doesn't look good.
WALLS are real too, and oh boi they are selling more than buying.
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>>2798844
>CALM DOWN: The bottom for ETH is near
correct, its closer to zero than its been for some months.
now be careful when shorting, the theoretical maximum return is when trading hits zero.
But strange things happen to shorts when a market in the underlying collapses, because trading never actually hits zero in practice in a collapse.
be very wary of counter-party risk.... exchanges are much less "secure" than banks... and banks fail. 2 recently in Italy in fact.
You did not hear it hear first, but an exchange will bankrupt as the rout continues.
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138 was the bottom. You missed ut
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>>2798860
I'd love for it to go lower to buy more, but I think it will not get that far. I think BTC is about to bottom out soon. Goldman Sachs predicted 1856 and market seems to be listening to them, so probably we won't go much beyond that. As BTC moves up, ETH will follow.
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>>2798867
I predict 1600, oc btw
>assuming we dont end up with btc1, btc2, btc3
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>>2798876
Interesting. I have almost 90% certainty that SegWit will activate successfully.
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>>2798876
>oc btw
>>2798844
>this fractal
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>>2798844
>random lines on a chart
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Crash is over- everything is on the way up now
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>>2799236
kek
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>>2800168
wew
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>>2798864
>an exchange will bankrupt as the rout continue
so you are saying there will be a hack resulting in stolen funds? and will there be an announcement? or would they likely just disappear?
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>>2798876
You can't predict this shit with your dumb algorithms and lines drawn on a chart.
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