ETHBTC has failed to break out of the downward trend after 3 attempts. Likely set up to re-test the .066 support level . I do sense a rumbling of BTC uncertainty that could drive BTC into ETH, which makes me tempted to take profits at .067 - .069
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Looks like it played out a little bit more gradually than I anticipated, but fairly accurate nonetheless. We are nearing our short target but it looks like we are still in the downward channel and likely to hit sub .070 soon.
wow you saved me a lot of money haha I managed to sell my ethereum on the last peak AND also go Short great tip man!
BigKevDawg230p
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@Brazilian1337, Did you hold the short? Looks like it played out as I predicted. Minus that quick little uptick that might have squeezed some people out!
Brazilian1337
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@Kayman210, I did 2 shorts sequentially so I sold when it was at the bottom and I got short again after the uptick, it was very nice indeed!