Ethereum/Bitcoin
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ETH bubble popped for now

679
We saw a big whale exit yesterday on polo. The dump was so huge that it caused panic across all exchanges.

It´s time to seek a good entry to short.

Next Milestones will be Metropolis and Raiden network
Metropolis release was forecasted to be in arround 3-6 weeks (usually devs are never in time)
Raiden network should be released soon.

This is how i think it may play out.
Nota
3-6 MONTHS not weeks! sorry
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snapshot

also check this trendline for a potential ABC correction
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snapshot

i shorted ETH with a small position. This are my entries for bigger shorts
snapshot
It is easy to put tight stops on top where we will have heavy resistance
Nota
so far acting as expected
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0.032 could be a support bounce for taking partial profit. if it retraces short the next top. if this support breaks we go to 0.029-0.028
Nota
etherscan.io/chart/hashrate

next week sub 0.03
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this range of sideways is dangerous for shorting. Better close positions now, because ETH could go up from here.

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