Is it time for ETHUSD to stop dumping from ranges?
Updated
Considering BTC continues to show weakness, future of ETHUSD looks bleak.
There might be some long opportunity if we start seeing daily break from newly formed range on daily chart. Long opportunities to be taken only on small TFs since it's heavily going against the trend.
On the flip side, If we fail to close above $160 in the next few days everything in this range is ready to be shorted again for longer term trades.
There might be some long opportunity if we start seeing daily break from newly formed range on daily chart. Long opportunities to be taken only on small TFs since it's heavily going against the trend.
On the flip side, If we fail to close above $160 in the next few days everything in this range is ready to be shorted again for longer term trades.
Note
Another dump it is.Note
Got rick rolled. Happens. Exit bad trades immidiatelly as always.
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