Benimen

Goodbye (for now) ETH

Short
Benimen Updated   
BITMEX:ETHUSD   None
Things about to get ugly.
This is based on an analog of BTC in Oct 2012 (bitcoincharts.com/charts/mtgoxUSD)
Anyhow, could be way off (has to break above $237 for that to happen I think) but it could potentially reach $160 in the next couple weeks.

We'll see!
Trade closed: stop reached:
The crash I predicted here in ETH appeared to have happened in ETHE instead as institutional lockup of their ETH at a huge premium led them to crash ETHE.
Now ETHE is trading back at it's prior premium to ETH while ETH appears to be rocking now.
Go figure.
Trade active:
Ex that. This trade's back on. This sucker's about to crash to $200.
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