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Pento_Investment
Jan 12, 2019 5:46 AM

ETH: a small re-bounce around 125, but the trend is still down 做空

Ethereum / DollarBitfinex

描述

The price is forming a short term bottom, which should be foreseen as the price reached fib 0.5 retracement level at 125. but in the big picture , the down trend is very manifestly clear.
I would add more short position once the price reached 130-135 zoom.

note: the price tick is from Bitmex.
评论
UnknownUnicorn1597295
Disagree. The up trend is very manifestly clear. If eth dropped it would indicate that the bottom of this 12 month bear market is near. It's not.
Pento_Investment
@BagHolder11, I would prefer that the price will go retesting the bottom around 90. Overall picture is a bear market.
UnknownUnicorn1597295
@Pento_Investment, But a long bear market. 2 years maybe.
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