As said, all crypto is imo ded. Ethereum is no different. Especially since more and more rumours surface that the The DAO hack was not the only one, implosion is exoected. Since this is pretty much is a run to the bottom in which both "currencies" compete, the ETHXBT(BTC) pair is a bit difficult to trade. Anyways... At the current level a MUST-SHORT. imo.
Interesting days ahead...
Happy Tarding!
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Perfect entry opp...
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Bulls, BEWARE: It´s a tarp.
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Ethereumm just lost the last bit of credibility it had for me personally. This is full ponzi-style confirming that there are no exeptions in Crypto World. It is a complete fraud entirely. Virticcally up, now vertically down. (Sidenote: Please always respect a conservative risk management when dealing with margin trading, so you can handle such spikes without getting liquidated. In the latter case you also should not start crying and blame the publisher of the idea you were following. Shorting was and still is the right trade here. Period. Anyways.... My advise >>> Never follow anyone, but learn to take responsibility for your decisions by developing your own take on the situation.) Peaz!
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I wonder when they finally gonna admit that the Bitfinex ETH accounts got drained... This daily will most likely retrace 100%+ during the rest of the day in any case.
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Still hodling dem shorts...
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Shortterimish target...
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Breakdown confirmed... 2160-2180 must-short.
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Destruction unleashed? IF no bounce here, prolly straight to 1760-1780...
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Target hit. Short closed... Let´s see if we can catch a juicy re-short between 1980 and 2020 ;)
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Re-short target perfectly hit... Ready for doom continuation.