CoinMajesty

ETH - Dethereum

Short
CoinMajesty Updated   
POLONIEX:ETHBTC   Ethereum / Bitcoin
Ethereum reached the top after an impressive bull run. This inverted cup and handle is about to take it down though. Prepare to short if you haven't done it yet.

Entry:

TPs:

0.042.
0.037.

Stop-loss:

0.0505.

Risk/Reward:

12:1.

Please like and follow if you agree with this idea.

Good luck!

Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
Trade active:
Trade closed. Took some profits. Right now it seems there could be a new bull run. That's what my chart is telling me now. I will wait for confirmation and if it is so, I'm staying out of it until a new short opportunity comes.
Trade closed manually
Trade active:
Trade opened. Looks like a clear short to me.

Comment:
It may pump a bit but overall it has to consolidate.
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