ETH: $205 --> $55.0 --> $1,750 decent correlation with big bro LTC and BTC,
the price action and fundamentals are marked to market with the campaign or
narrative rolled out by HANDLER...
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rewards both MINERS speculators and veteran gamblers ...
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Sentiment or POSITION changes when STRUCTURE is setup by the handler
in favor of the co operators or FINANCIAL sponsor on the LONG and SHORT side '
for now... BORROWER of float dictates the price action
Drama
higher low dip buyThis could be a higher low compared to August.This could also be a 1 year higher low.
Financials are still great, stock only dipped because some sexual harassment allegations. Activision is becoming complacent, but America hasn't stopped buying every call of duty for 10 years. If you ever played a call of duty, you know the core audience doesn't GAF about sexual harassment, rather scream in the mic about doing your mom. Only the rich radical left short the stock, because they want to punish the company, over stuff they themselves do.
It could still retreat to $50 as we enter a more bearish market. But it could bounce here. So small entry here, buy at each fib down, sell a little at each fib up. Should jump back up by next earnings, if it doesn't rebound off the fibs.