ETHUSD
Testing lower trendline, 61.8 retracement, oversold on most technical indicators.
Great Risk: Reward
1:6
After a heavy sell-off, Ethereum has found support and gained 50% in the past 33 days. With strong buying volume and 3 clear bounces, I believe this to be a great entry for a long position. If the lower trend-line is broken, then I will look at a possible short.
Post thoughts and comments!
Great Risk: Reward
1:6
After a heavy sell-off, Ethereum has found support and gained 50% in the past 33 days. With strong buying volume and 3 clear bounces, I believe this to be a great entry for a long position. If the lower trend-line is broken, then I will look at a possible short.
Post thoughts and comments!
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