TheTradingNinja

ETHCUSD 3rd Wick/ Hammer: Dip Buy?

Long
COINBASE:ETHUSD   Ethereum
Been watching all day since 5:45am... woke up to a big move and its continuing but not showing weakness. 3rd hammer noted on the 30min. 4hr chart remains strong.

They have been catching it at supports and sending it back up.

I noted a crazy spread first was +$71 with $252 on the Buy side then I saw a +$300 spread. Crazy what I've been watching. No-one is really selling big lots. Buying has been going on all day..


Nice ascending triangle. remaining long into $200+ $300 is my 50% position sell.

-TheTradingNinja

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