ETH bubble popped for now

3 apr 2017

We saw a big whale exit yesterday on polo. The dump was so huge that it caused panic across all exchanges.

It´s time to seek a good entry to short.

Next Milestones will be Metropolis and Raiden network
Metropolis release was forecasted to be in arround 3-6 weeks (usually devs are never in time)
Raiden network should be released soon.

This is how i think it may play out.

3 apr 2017

Nota

3-6 MONTHS not weeks! sorry

3 apr 2017

Nota

also check this trendline for a potential ABC correction

3 apr 2017

Nota

i shorted ETH with a small position. This are my entries for bigger shorts

It is easy to put tight stops on top where we will have heavy resistance

6 apr 2017

Nota

so far acting as expected

7 apr 2017

Nota

0.032 could be a support bounce for taking partial profit. if it retraces short the next top. if this support breaks we go to 0.029-0.028

9 apr 2017

Nota

etherscan.io/chart/hashrate

next week sub 0.03

11 apr 2017

Nota

this range of sideways is dangerous for shorting. Better close positions now, because ETH could go up from here.