The volume on ETHUSD paid is good. Has bounced from the uptrend line from the bottom. Basing this trade on this uptrend line. XBT could make a move up here which should ETH Long. SL for Mid Term Trade Setup -> 110.20 at 3-5x Leverage with an extra stagger around 111(optional) SL for Short Term Trade Setup -> 119.20 and 5-7x leverage Pink lines are the mid term targets Blue lines are short term targets I'm going for a mid term setup.
Note
What's interesting here is that we are also forming a bear flag. Which could drag us to low 100s In that case you could choose to have your STOP LOSS under 120 with increased quantity to enter you in a SHORT position for a break down from bear flag. This would invalidate the uptrend.
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