dRends35

ETHEREUM Has Topped! See You At $500!

Short
dRends35 Updated   
BITSTAMP:ETHUSD   Ethereum
Highly probable Ethereum has topped. Looking for a collapse back to AT LEAST $500 region. See you there!
Comment:
The picture may be clearer in arithmetic scale.

Comment:
Here is a similar top call I made for Bitcoin back in April.

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And I first called the top back in March.

Comment:
A little TA - Price seems to have topped between log based fib confluence of the 1.382 projection from 2018 top-bottom, and 2.618 5th wave extension taken from the 3 pivots of primary wave 1 and 2. I estimate at least a 0.5 ($595) - 0.618 ($372) fib retracement as a reasonable target, however if BTC retraces back to 0.618, expect ETH to go further.
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If you like what I've been doing here so far, a LIKE is appreciated and will get more views.
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I shorted Bitcoin top at $58K and $63K and now I've shorted Ethereum top at $4150. All on record.
Comment:
Ethereum is about to implode. Are you ready?
Comment:
When it rains, it pours.

Comment:
ETH just hit first support and ducked under $$2. I'm taking some shorts off the table and will consider to stagger back in.

Trade closed: target reached:
I'm 100% out. Its been a great trade. Will consider to re-enter around BTC / ETH resistances and fibs.

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