ETH: Finding the retracement
Overbought. Looking for a healthy retracement towards 1.45k
I believe in overall that Ethereum is still here to stay of course, just that the short demographics of it being bullish is no longer true until it does a healthy downside momentum before it tests for new highs again.
I believe in overall that Ethereum is still here to stay of course, just that the short demographics of it being bullish is no longer true until it does a healthy downside momentum before it tests for new highs again.
Trade active
Note
This might extend up to 1880. Let's see how this pans out. But if i'm not wrong, short term top is most definitely here.Note
Halfway there. Closing half to take back my initial.Trade closed: target reached
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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.