mjchase

Major correction on inflated ego's

Short
mjchase Updated   
BITSTAMP:ETHUSD   Ethereum
Ether needs a major correction and the bearish deep crab we see here could just be the medicine needed.

Selling at this point may prove fatal but the rewards could also be fruitful.
Trade active:
As expected there has been a strong reaction to the pattern. Hopefully panic selling will increase the velocity of the drop.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.