My Next Target for Ethereum! $459.53 IF this flag breaks.
If you have followed any of my previous fortune telling charts then you know I've been deadly accurate recently.... like, frighteningly accurate.
If you haven't, well don't worry because here is another!
Disclaimer: Everybody is wrong and I expect to be wrong at some point in the near future. Is this the one that I will be wrong on? Could be! But WTF I'm gonna post it for you guys anyways because I'm confident that even though this target may not fully materialize, we're still heading down a good bit, PROVIDED we break out below the bottom of this bear flag.
Let's keep this quick, no in between levels, just final target of the bear flag.
Bear Flag target - Low $460's
It's close enough to my fib level that I'm going to say the specific target will be $459.53
This is if, and only if, we break out of this flag to the downside relatively soon. Could we break out to the upside? We sure can. I don't see it happening but that doesn't mean it won't. This is not trade advice but I'm personally going short AGAIN as soon as we break out to the downside. Good luck!
If you haven't, well don't worry because here is another!
Disclaimer: Everybody is wrong and I expect to be wrong at some point in the near future. Is this the one that I will be wrong on? Could be! But WTF I'm gonna post it for you guys anyways because I'm confident that even though this target may not fully materialize, we're still heading down a good bit, PROVIDED we break out below the bottom of this bear flag.
Let's keep this quick, no in between levels, just final target of the bear flag.
Bear Flag target - Low $460's
It's close enough to my fib level that I'm going to say the specific target will be $459.53
This is if, and only if, we break out of this flag to the downside relatively soon. Could we break out to the upside? We sure can. I don't see it happening but that doesn't mean it won't. This is not trade advice but I'm personally going short AGAIN as soon as we break out to the downside. Good luck!
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Update from the Bruins game in sunrise, FL. Flag broke to the downside. Short position opened at 595. Hopefully this trade does better than the Bruins are doing right now. Good luck!
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Also, I set a fairly tight stop loss at 610. Using a lot of leverage here so gotta mitigate the risk and keep potential losses from getting out of hand.
