Ethereum / Bitcoin
Short
Updated

Ethereum's no different than every other altcoin. Deal with it.

322
Let me start by saying that ETH/BTC has had it's ATH and if it goes over .15btc again, crypto died and you're wasting your time. Inflationary model the inflationary model and ICO's cannibalizing the ecosystem are going to be ethereum's downfall. With luck, it'll only kill eth and not the entire crypto ecosystem. tl;dr ETH is a sh!tcoin. Deal with it. Also, if you're going to trade this on margin, I hope you manage risk well and I wouldn't just blindly short it. It should get a bounce off lolsupport soonish then continue downward.
Note
LOL
Note
Timeline was off by a couple months, but otherwise, hard to argue with.
Trade closed: target reached
Note
lol
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.