This is the ETH trend since December 2018. So far we have stuck to this trend. I am more inclined to believe that this orange/brown trend-line is the prevailing trend. Since the recent inverted bart signals an entity buying back at a slightly lower price, I believe the trend still intact. As always, it may be a trick, but so far, this major trend has proven itself. Remember, the longer-term trend-lines have more sway and are more significant to the price action than the short-term trends. Play the long game for larger and more reliable profits. The 15m, 4H, and 1D MACDs and EMAs have proven to be very reliable. I'm going long from $210. Good luck folks.
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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.