Haejin trades the technical analysis, not fundamentals. As he has said before, if required, an event will happen to justify the technical prediction, not the other way around.
I like Ethereum and am confident about their roadmap, but this market is setting up for a big crash. The chart is looking scary and you can't ignore it!
Why is it scary? Because it didn't crash to 200? No one can guarantee that. It crashed to 270-280 as almost everyone else predicted. Plus I do not like opinions in post such as EOS will be ETH killer? That sounds like a strong opinion to go sell your eth! I understand it may look scary but it could easily break out to the right here and be alright. We will know more tomorrow.
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hey @alexandermccoll, it feels like a profound statement you made there so I would like to check if I understand correctly.
Could you please elaborate on 'what is required?' and define 'event'. Greatly appreciated.
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