stikytrading

ETH Exchange Trading 21-11-29

BITSTAMP:ETHUSD   Ethereum
It's late to enter ETH right now. We are near a new high and price is above all the EMAs however, I would expect a retracement from the current move at least a little bit. You can see that 78.6% zone was super strong. Price spent a lot of time inside that zone before coming out. Price is also overbought on the Stochastic so be patient for this one to come back to a new 50% zone after a solid retracement.

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