... but decided to short XBTEUR (which I usually do not recommend or do myself) instead of ETHXBT. While Ethereum certainly has some serious issues, Bert looks even worse (esp. fundamentally) making the ETHXBT pair a pretty much unpredictable venture.
The blue horizontal lines mark possible targets.
Happy Dumping.
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The hourly nicely shows that it faces pretty much unbreakable resistance here...
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Time to say goodbye & bon voyage! It was a fun time, Bert... but... you suck.
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Major fakeout just manifested on the daily... That should get intersting now.
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Not so much on the 4h with adjusted line though... Let´s see.
Hilarious chart, gave me a good laugh with the crashing wheel chair pattern. I agree on bert's future though, the halving was probably bad for bitcoin as fees from transactions eventually making up for the cuts in mining rewards just doesn't add up and the loss of revenue will drive miners away.
khun
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Cheers, m8. ;) Any fully agreed to your take on things...
khun
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Hmmmm. Not so much on the 4h with adjusted line... Let´s see.